February 2025 DWP benefit and tax changes explained as cost of living crisis set to deepen
February 2025 will see a number of changes including benefit payments, tax, and support for the cost of living and energy ...
11 million state pensioners handed victory after HMRC forced into rule change
Emergency tax codes being applied to Department for Work and Pensions ( DWP ) state pensioners left pensioners £3,900 worse ...
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Pensions auto-enrolment freeze risks leaving shortfall for retirees
The auto-enrolment earnings trigger will remain at its current level of £10,000 between 1 April 2025 and 30 April 2026, it ...
HMRC rule change hands state pensioners £3,900 cash boost
HMRC will overhaul the way pensioners are taxed on money they take out of their pension fund after it had to refund pensioners nearly £50 million. The average tax refund per taxpayer was £3,390 per ...
DWP issues warning to state pensioners who 'reached state pension age after 2016'
In general, if you reached or will reach state pension age after April 2016, you usually need at least 35 qualifying years to get the full payment, and at least 10 qualifying years to get any pension ...
'Sickening!' Rachel Reeves blasted after charging £360 energy bill to taxpayers
The Chancellor charged taxpayers to subsidise her energy bills just before cutting winter fuel payments for the elderly ...
State pensioners given £4,375 from DWP after winter fuel cut
State pensioners who missed out on a Winter Fuel Payment can claim up to £4,375 from the Department for Work and Pensions ( DWP) this winter. Up until last year, the Winter Fuel Payment - which is ...
Act now warning ahead of seven major pension changes in 2025
Interactive investor's pension specialist, Craig Rickman, has highlighted the most crucial upcoming developments. He said: ...
Why 2025 might be your last chance to retire rich
Choosing when to retire is one of life’s big decisions, and one that requires careful thought before taking the plunge. But ...