Tag: retirement income
HMRC confirms tax rules for pensioners in new alert
The government sets out exactly how much interest you can earn tax-free based on your income. …
Minimum wage hike could see workers build £208k savings pot – here’s how
Full-time workers are set to see their pension pot increased by £2,030 a year after an increase in wages. …
Experts warn about pension mistake that could cost you £40k
Pension fees are deducted from your retirement savings and can be a fixed amount or a percentage of your pot. …
HMRC refunding millions to pensioners as some more at risk of overpaying tax
Thousands of refunds have now been made to people who overpaid tax on their pension, receiving an average of £3,800 per person. …
State pensioners set to lose out on over £2,000 a year due to Triple Lock
The Government’s commitment to the Triple Lock will see the maximum state pension rise from the current £11,502 to £11,973 per annum …
State pension warning as career mistake sees 150,000 getting less than £100 a week
The amount of new state pension you get depends on how many ‘qualifying years’ you have, with some people receiving as little as £10 a week …
