DWP update: Full details of new cost of living payments due from next month | Personal Finance | Finance
Millions of Britons are to receive new cost of living payments over the coming tax year as many household bills also go up from next month. This will include a £900 cost of living payment for those on certain means-tested benefits with the first instalment to be paid soon. Chancellor Jeremy Hunt confirmed in the Budget last week a £94billion More...
Universal Credit applicants urged to use ‘important support’ as cost of living crisis cont | Personal Finance | Finance
What is Universal Credit? This is a means-tested benefit payment from the DWP which means an applicant’s claim is dependent on their income, savings and capital. Currently, those who are single and under 25 More...
State pension age rise expected to be ‘brought forward’ by Hunt following Budget | Personal Finance | Finance
The Government is expected to make drastic changes to the state pension in the coming months despite failing to address the payment in last week’s Spring Budget Despite changing how much people will be allowed More...
Terrified by the banking crisis? Do this one thing and your cash is safe | Personal Finance | Finance
The headline figures are terrifying, with Swiss bank Credit Suisse requiring a £45billion bailout to avoid going bust. In a rare positive, so far UK banks have held firm. I’ve slammed the Bank of England More...
Hunt has just handed pension savers a nuclear weapon in the fight against inheritance tax | Personal Finance | Finance
His decision has unleashed a huge controversy, that is casting a shadow over some of the better measures announced in his Spring Budget. Hunt has handed the Labour Party an open goal, by allowing them to claim More...
Labour’s mask slips – plan for massive pension and inheritance tax raid if it takes power | Personal Finance | Finance
Labour was always known as the high tax party, but the Conservatives have been turning the screw, too. Our tax burden is now at a 70-year high. Hunt has frozen income tax and inheritance tax thresholds until More...
Turns £6k into £10k: Over-50s can get ‘instant’ 40% return on pension savings | Personal Finance | Finance
Like Isas, pensions offer highly tempting tax benefits and are a lot more flexible than they used to be. That’s the view of Sean McCann, chartered financial planner at NFU Mutual, who reckons pensions More...
Families urged to claim £1,911 in tax-free cash they don’t even know exists | Personal Finance | Finance
The average holding is worth a staggering £1,911, yet many don’t even know the money is there and risk letting it go to waste. Now experts are urging families to track down the cash, which still belongs More...
Pension: Two million Britons ‘to enjoy retirement boost as Jeremy Hunt to raise cap’ | Personal Finance | Finance
When workers choose early retirement but return back to work, the amount in tax-free retirement savings they can put away is reduced from £40,000 a year to £4,000. It should be noted that there is no confirmation More...
Cost of living crisis: Thousands pushed into debt – how to boost finances by £4,200 | Personal Finance | Finance
People in debt are being encouraged to get help as soon as possible as they could earn a “financial gain” of £4,200. Citizens Advice Scotland (CAS) is sharing how people can improve their financial situation More...
