HMRC to Cap Pension Salary Sacrifice NI Relief at £2,000, Affecting 3.3 Million Savers Tuesday, February 24, 2026 hmrc nationalinsurance pension salarysacrifice retirement employers contributions labourparty penfold natwest HM Revenue & Customs (HMRC) is introducing a new cap on National Insurance (NI) relief for pension salary sacrifice contributions, set to affect approximately 3.3 million pension savers. Starting in April 2029, the Labour … Read More
Higher-Rate Taxpayers Urged to Claim £1,756 Pension Tax Relief from HMRC Monday, February 2, 2026 taxrelief pension hmrc higher-rate income contributions claim tax personalfinance pensionrelief Individuals earning £50,270 or more are being urged to review their eligibility and claim pension tax relief from HMRC, as many higher-rate taxpayers failed to take advantage of this valuable perk last year. Currently, … Read More
DWP Deducting £110 Monthly from Universal Credit Claims and Refusing to Adjust Payments Tuesday, January 13, 2026 universalcredit dwp pensions benefits claimants contributions payments tribunal taxrelief policy Universal Credit claimants are reportedly losing out on £110 each month because the Department for Work and Pensions (DWP) does not accurately account for pension contributions when calculating benefit payments. This issue … Read More
State Pensioners Who Retired After 2016 to Receive £575 Boost from DWP Monday, December 22, 2025 statepension dwp pensions retirement nationalinsurance chancellor reforms ukgovernment contributions socialsecurity State pensioners who reached retirement age after 6 April 2016 are set to receive a significant boost from the Department for Work and Pensions (DWP). Chancellor Rachel Reeves has confirmed a 4.8% rise to both the basic and … Read More
DWP Rules That Could Reduce Your State Pension and How to Boost It Sunday, November 9, 2025 pension statepension nationalinsurance retirement nicredits deferral pensioncredit contributions government benefits State pensioners are set to receive a 4.8% increase starting April 2026. The maximum New State Pension will rise from £230.25 to £241.30 per week, equivalent to £12,548 annually. Meanwhile, the older Basic State … Read More