Introduced in the October 2024 Budget and now in effect, these changes to the Overseas Transfer Charge (OTC) tighten the ...

Death in service payments – lump sums given to the families of deceased Armed Forces members – are currently tax-free.

Rachel Reeves is beset by economic woes on all sides ...

Labour Party Chancellor Rachel Reeves confirmed changes to inheritance tax rules impacting pensions in her Autumn Budget.

Camden Council in London is providing a Household Support Fund payment of up to £500 per household, along with up to £30 ...

In his recent book, Mr Bell also called for the end of inheritance tax loopholes for pension pots ... 10 million pensioners had their winter fuel payment taken from them, forcing some of the ...

The winter fuel payment is worth £200 for those on certain benefits and born between 23 September 1944 and 22 September 1958.

Rachel Reeves is looking for ways to tackle borrowing costs in order to grow the economy - here are four options available to ...

One of the UK’s leading payroll software providers, PayCaptain, has recently launched a new feature in its app to help ...

Other factors which will affect how long your pension will last include: Despite life expectancy falling during the pandemic, average life expectancy in the UK rose to 82.2 years ... and a proportion ...

Pension payments are set to increase in April, with pensioners receiving a £470 boost. The increase was confirmed in the autumn, when Chancellor Rachel Reeves announced the Government would be ...