Torsten Bell, Britain’s new pensions minister, has previously called for the replacement of the “triple lock”, which protects ...

For income between £12,571 and £50,270, you must pay the basic rate of 20 per cent tax. Above this, people must pay 40 per ...

The tax threshold is set to remain at £12,570 until 2028/29 and the Government has asked the Treasury to consider the ...

The government is being urged to make changes to tax allowances to reduce the risk of state pensioners being taxed. Liberal ...

HM Revenue and Customs has warned those looking to plug gaps in their National Insurance (NI) record from 2006 onwards have ...

When former prime minister, Herbert Asquith, introduced the state pension in 1909, he couldn’t have imagined the behemoth it ...

Some individuals may be entitled to NI credits instead of having to make contributions, so they should check and consider ...

Liberal Democrat MP Ben Maguire has urged Chancellor Rachel Reeves to make an assessment of the potential merits of increasing the tax allowance for people over State Pension age to £15,000.

Pensions minister Torsten Bell (pictured), who has just arrived at the Treasury, has previously questioned the sustainability ...

From April 7, the Standard Minimum Guarantee (SMG) will rise by 4.1 per cent as part of the annual uprating exercise. This ...

Among the options previously considered were reducing the tax-free pension withdrawal limit at age 55 from £268,275 to ...

There has been surprisingly little fuss about the shock Budget announcement to remove inheritance tax (IHT) exemptions for ...