Tag: pension
1 in 3 people don’t understand this key pension rule
Less than a third of Brits understood how it worked. …
People taking lump sum from pension for first time could be owed tax refund of £3,800
HMRC has issued £48.7 million in refunds for overpaid tax on pension withdrawals, with the average refund worth around £3,800 …
Households told ‘how to beat Rachel Reeves’ income tax rise
Rachel Reeves’ unpopular Income Tax rise could cause more households to pay more tax – but there is a way to sidestep it. …
DWP handing pensioners £422 extra a month – check if you’re eligible
State pensioners are being told by the DWP that they might be eligible to boost the money they receive each month if they meet the criteria. …
Brits urged to make major change when asking for pay rise after Rachel Reeves’ Budget
It follows Rachel Reeves’ controversial Autumn Budget. …
Fury at Rachel Reeves’ ‘two-tier taxation raid’ on hard working Brits’ pensions
The Chancellor has announced that income tax thresholds will be frozen from 2027-28, potentially dragging some pensioners into paying tax. …
Martin Lewis urges anyone under this age to put £1 in account now
Money expert Martin Lewis is urging people aged in this age bracket to ‘put a quid’ in an account now. …
Warning issued to anyone who earns over £52,000
As new rules loom, the once-favourable salary sacrifice scheme may no longer be the tax-saving haven it was. …
New pensions ‘£1,000 rule’ set to be introduced for savers by government
Legislation to change how pensions are administered took a step forward as one ex-minister blasted ‘very shabbily’ treatment by companies …
WASPI update as taxpayers hit with £180k legal bill
WASPI campaign represents an estimated 3.6 million women affected by changes that raised their retirement age to 66. …
