Chancellor's Tax 'Workaround' for State Pensioners
Chancellor Rachel Reeves commits to a tax 'workaround' ensuring state pensioners won't pay income tax on their pensions this parliament. Full details on the new personal allowance plan.
Chancellor Rachel Reeves commits to a tax 'workaround' ensuring state pensioners won't pay income tax on their pensions this parliament. Full details on the new personal allowance plan.
Chancellor Rachel Reeves pledges state pensioners won't need to file Self-Assessment forms on retirement benefits for this Parliament, offering relief as pension values rise.
Chancellor Rachel Reeves announces low-income pensioners reliant solely on the state pension will not pay income tax before 2027. Read the full details of the new rules.
Thousands of UK state pensioners face surprise £800 tax bills from HMRC, despite government promises to shield them from tax as the Triple Lock rises. Read the full story.
Thousands of retirees relying on state pension top-ups are being sent tax demands of around £800, falling outside Labour's new exemption. Discover the impact of frozen thresholds.
HMRC increases the effective Personal Allowance to £13,830 for qualifying couples via the Marriage Allowance. Learn how to claim and potentially backdate your claim for four years.
A key HMRC rule means anyone can increase their Personal Allowance by £1,000 through side hustles. Learn how to earn tax-free and use other savings allowances.
The DWP faces calls to clarify tax rules as the Triple Lock pushes state pensions near the tax threshold. Chancellor Rachel Reeves has pledged retirees won't be taxed on this income. Read the full analysis.
The DWP has confirmed a 3.8% increase in weekly payments for PIP, DLA, Attendance Allowance, and Carer's Allowance, effective April 2026. See the new rates and how they affect you.
State pensioners who retired before 2016 are set for a £9,615 annual payment increase from April. However, experts warn the frozen tax threshold could pull many into income tax by 2027.
The government has rejected calls to double the Personal Tax Allowance for state pensioners, citing cost and targeting issues. Over 30,000 signed the petition.
A public petition urges the Labour government and HMRC to raise the personal allowance from £12,570 to £20,000, offering families potential savings of nearly £3,000. Over 28,000 have signed.
Chancellor Rachel Reeves confirms low-income pensioners won't pay income tax from 2027. Get the full details on the tax perk and what it means for you.
Chancellor Rachel Reeves confirms state pensioners with no other income will not pay income tax in this Parliament, addressing concerns over frozen tax bands. Read the full details.
The DWP warns carers about a crucial 35-hour weekly rule for Carer's Allowance eligibility. Learn about the qualifying benefits and how to claim up to £333.20 monthly.
Millions of UK pensioners will see their state pension rise by £575 next year due to the triple lock. Find out how this above-inflation increase affects you and the debate it sparks.
HMRC is issuing revised tax codes midway through the 2025/26 tax year, impacting savers. Check your code now to avoid over or underpaying tax on your savings interest.
Discover how HMRC's Rent a Room Scheme lets UK households earn up to £7,500 tax-free annually, potentially raising your total tax-free allowance to £20,070. Learn the rules and see if you qualify.
Chancellor Rachel Reeves confirms retirees whose sole income is the state pension will not pay tax or file returns, even if the pension exceeds the personal allowance. A major administrative win for pensioners.
A public petition urging the government to raise the personal tax allowance to £20,000 has passed 30,000 signatures, piling pressure on Labour. Find out what happens next.
A major building society warns millions could face unexpected tax bills due to a planned hike on savings interest and frozen allowances. Discover how to protect your savings now.
Rising State Pension values, driven by the Triple Lock, could soon push retirees over the frozen tax threshold. Martin Lewis's Cash ISA tip may offer a solution. Learn how to protect your income.
UK state pensioners with small private incomes face HMRC tax demands. The Triple Lock pushes pensions close to the frozen tax-free allowance, creating a political dilemma. Read the key facts.
HMRC issues a warning to UK workers about emergency tax codes like W1, M1, and X. Learn what your tax code means and how to check you're not overpaying.
Due to the Triple Lock, state pensioners with modest private pensions could soon receive tax demands from HMRC as incomes near the personal allowance threshold. Discover the implications.
UK couples can claim a tax break worth up to £1,260. Learn how the Marriage Allowance works, who qualifies, and how to backdate your claim for four years.
Nearly 900,000 UK households with £3,500 or more in savings may receive HMRC letters about tax on interest. Check your Personal Savings Allowance now to avoid surprises.
Chancellor Rachel Reeves confirms state pensioners with no other income will not pay income tax. Key update on frozen tax bands and fiscal drag explained.
Chancellor Rachel Reeves pledges state pension-only retirees won't pay income tax this Parliament, addressing the frozen allowance issue. Read the full details and implications.
A pensions expert condemns the government's tax threshold freeze as unfair 'means-testing by proxy', creating a two-tier system for retirees. Read the full analysis.