Tag: Rachel Reeves
People face red tape and 243 questions to access Pension Credit and Winter Fuel Payments
The problem has emerged following the decision by the Chancellor Rachel Reeves to axe the winter fuel payment, worth up to £300. …
Now Labour urged to grab your pension tax-free cash in new Budget raid
Pensioners are under siege. The Labour government has already axed their winter fuel payment and scrapped social care support. Now it’s being urged to attack one of the most popular pension perks of all. …
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. …
How stealthy Starmer’s tax raids will hit you – one levy will chill every homeowner
PM Keir Starmer has repeatedly said he won’t increase income tax, national insurance or VAT. He claims this is being honest with us when in fact, it’s the exact opposite. …
Every ‘painful’ Labour tax rise as UK households lose up to £13,925
Labour has warned of a “painful” budget coming this autumn which could see taxes increased. …
People born in these years can still get DWP £300 Winter Fuel Payment
People born in these years can get between £200 and £300, the government says. …
Charities ‘overwhelmed’ by pleas from pensioners worried about staying warm
Age UK says it has seen a 40 percent increase in calls to its helpline and a 200 percent rise in the number using its online benefits calculator. …
Inheritance Tax blow for bereaved as number facing big bill over cash gifts rises
The Chancellor Rachel Reeves is understood to be planning major changes to what has been described as Britain’s most hated tax in her October budget …
Labour’s wealth tax is coming – and you won’t have to be rich to pay it
PM Keir Starmer is under growing pressure to slap a wealth tax on Britons, but don’t be misled. It may start by hitting the super-rich, but soon millions will pay. …
Air Passenger Duty could be raised in shift to ‘green’ travel warn experts
Air Passenger Duty on domestic flight economy class was cut by the Tories from £13 to £6.50 in April 2023, before being put back up to £7 in April this year. …