Tag: pension
Move to cap tax-free pension lump sum to £100,000 could cost retirees more than £70,000
Currently, workers can take out a maximum sum of £268,275 without paying tax, which many people count on to pay off debts, such as mortgages. …
State Pension back payments of £5,000 due for women in their 60s and 70s by end of 2025
The Treasury is working with the Department for Work and Pensions to correct any administration errors as quickly as possible and letters are being sent out …
Pension pots could be boosted by £46k as Labour urged to make key change
Changes could help many across the UK significantly boost their pension pots for the future. …
The common pension mistake that could cost up to £1.2bn and force you to work years longer
The worrying issue could cost pensioners “billions of pounds more” when the pension dashboards are introduced. …
Death tax bills set to surge with Budget raid taking thousands from the bereaved
The total raised from what has become known as Britain’s most hated tax in the three months rose 9 percent to £2.8 billion. …
‘Messy’ pension rule change allowed Brits to move over £1billion overseas without tax bill
A unique loophole allowed thousands to shift their pension savings overseas without the lifetime allowance tax charge. …
Revealed: How to legally reduce your council tax bill to zero – eligibility criteria
Some households may be eligible for a council tax reduction of up to 100%, according to experts …
People with eyesight issues could get £434 extra per month
The DWP is providing additional support to people with sight loss for more than 59,000 eligible pensioners …
DWP PIP update for State Pension age claimants as payments could go up to £1,622
The DWP has released the latest figures, showing that Personal Independence Payment is on the rise, with millions claiming the benefit across Britain …
Five ways pensioners can still get help on bills as Winter Fuel Payments axed for millions
Winter Fuel Payments are set to be axed for 10 million in the UK, but there are still ways to save money on energy bills this winter …
