Rachel Reeves Announces New Income Tax Exemptions for State Pensioners, but Millions May Be Excluded Tuesday, July 14, 2026 pensions tax hmrc statepension rachelreeves incometax labour martinlewis retirement exemption Labour Party Chancellor Rachel Reeves has confirmed that state pensioners whose only source of income is the state pension will not have to pay income tax until at least the end of this decade. This move aims to ease the … Read More
Rachel Reeves’ Inheritance Tax Changes to Cost Families £110,000 on £600,000 Estates Wednesday, July 1, 2026 inheritancetax pensions estateplanning labourparty rachelreeves financialplanning taxchanges blendedfamilies unmarriedcouples hmtc Rachel Reeves, soon to be replaced as Labour Party Chancellor, has confirmed a significant change to inheritance tax (IHT) rules that will come into effect in April 2027, impacting families across the UK. The new regulations … Read More
Rachel Reeves Confirms End of Working From Home Allowance Before Her Departure as Chancellor Tuesday, June 30, 2026 rachelreeves workfromhome taxrelief chancellor labourparty remotework hmrc taxincrease employerreimbursement ukpolitics Rachel Reeves has confirmed the imminent removal of the working from home allowance as she prepares to leave her role as Labour Party Chancellor. Following Sir Keir Starmer’s resignation, Ms. Reeves is widely expected … Read More
State Pensioners Rush to Buy Annuities Ahead of 2027 Pension Tax Rule Changes Tuesday, June 30, 2026 pensions annuity taxation inherittax retirement estateplanning retirees financialplanning rachelreeves standardlife Retirees are increasingly purchasing annuities as they prepare for significant changes to pension tax rules coming in 2027 under Chancellor Rachel Reeves' new policies. Standard Life reports that the number of customers over … Read More
Rachel Reeves Proposes Pre-Tax Deductions on State Pensions in DWP Reform Monday, June 29, 2026 pension dwp taxation statepension rachelreeves chancellor incometax pensioners policy reform The Department for Work and Pensions (DWP), in coordination with the Treasury, is considering a significant change to how state pensions are taxed. Under proposed reforms spearheaded by Labour Party Chancellor Rachel Reeves, … Read More
DWP Considers Automatic 20% Tax Deduction on State Pensions if Andy Burnham Becomes Prime Minister Friday, June 26, 2026 dwp statepension taxation labour andyburnham rachelreeves pensioners incometax personalallowance politics The Department for Work and Pensions (DWP) is considering a significant change to how state pensions are taxed if Andy Burnham takes office as Prime Minister. According to leaked reports, the Labour government is exploring … Read More