DWP Benefit Pays Up to £115 a Week, Yet Nearly One Million Eligible Pensioners Don’t Claim Friday, December 12, 2025 pensioncredit dwp benefits pensioners financialsupport claiming awareness elderly welfare income A significant number of pensioners are missing out on a valuable benefit that could add up to £115 a week to their income. The Department for Work and Pensions (DWP) administers Pension Credit, a scheme designed to help those … Read More
New State Pensioners Without Additional Income Receive Significant Tax Relief from Labour Saturday, December 6, 2025 pensions tax statepension retirees income budget2025 labour taxation allowances ukgovernment Pensioners receiving only the new state pension will not be required to pay income tax to HM Revenue and Customs (HMRC), even if their pension payments exceed the Personal Tax-Free Allowance. The Department for Work and … Read More
State Pensioners Face Savings Limit That Could Reduce Full DWP Pension Credit Saturday, December 6, 2025 pensioncredit savings statepension dwp pensioners retirement benefits investments income threshold State pensioners are being reminded about a critical £10,000 savings threshold that could influence their eligibility for Pension Credit payments from the Department for Work and Pensions (DWP). If your combined savings and … Read More
UK Households with Savings Accounts Could Receive HMRC Tax Letters Friday, December 5, 2025 hmrc savings tax personalsavingsallowance interest income selfassessment finance accountancy uk UK households holding savings accounts with balances as low as £3,500 may soon receive tax-related letters from HM Revenue and Customs (HMRC), according to personal finance expert Grant Hamill of Companion Accountancy. HMRC … Read More
Martin Lewis 'Shocked' as Rachel Reeves Announces Key State Pension Change Thursday, November 27, 2025 pension tax statepension budget martinlewis rachelreeves finance retirement income taxreturn State pensioners relying solely on their state pension will not be required to pay tax, Martin Lewis has revealed following a conversation with Chancellor Rachel Reeves. Ahead of his budget explainer special on ITV this … Read More
Millions of Workers to Receive Pay Rise Worth Up to £1,500 Wednesday, November 26, 2025 payrise wages livingwage minimumwage labor employment economy youthwork costofliving income Millions of workers across the UK are set to benefit from a substantial pay rise as minimum wage rates increase next year. Labour Party Chancellor Rachel Reeves has confirmed that the National Living Wage will rise by 4.7% to … Read More