Lydia Amazouz
Thousands of State Pensioners Warned They Could Be Missing Out on £11,500 Income Boost
A warning has been issued to State Pension-age individuals as the income gap between the poorest pensioners and those on average incomes widens. According to the Institute for Fiscal Studies…
New Pension Reforms Set to Increase Retirement Income and Enhance Savings
Industry experts have welcomed new measures announced in the King’s speech on Wednesday, aimed at helping individuals increase their pension savings. However, they note that further efforts are required. The…
Workers to Receive £1,654 Wage Increase under Labour Government
Millions of employees are set to receive an important increase in their wages under the Labour government. The party has rolled out plans to revamp the minimum wage, providing a major…
UK Energy Customers Set to Save £300 Yearly with GB Energy
Energy customers will be able to save up to £300 annually as the new Labour Government implements one of its key manifesto pledges, Great British Energy (GB Energy). GB Energy…
Inheritance Rules for New and Basic State Pension Payments Following the Passing of a Spouse or Partner
The State Pension currently provides a regular income for almost 12.7 million seniors across Great Britain, including more than 1.1M residing in Scotland. The payment is managed by the Department for…
People on New or Basic State Pension Can Switch Monthly Payments to Weekly
People on the New State Pension will get up to £221.20 each week during the current fiscal year, however, standard payments are usually made every four weeks — around £884.80…
Married Couples Could Miss Out on Lump Sum from Marriage Tax Allowance
Married couples might be missing out on the marriage tax allowance due to difficulties in applying for it or simply being unaware they are eligible. It is estimated that two…
UK Households Warned of £264 Energy Bills, Mortgage, and Food Cost Pressures
UK Households have been warned they face a £264 financial gap in their expenses every month despite a considerable rise in their disposable income. UK Households’ Disposable Income Rises Amidst…
Pensioners Warned by HMRC of Impact from Surge in Highest-Rate Taxpayers
The number of people who pay the top rate of income tax in the UK, set at 45%, is expected to surpass 1 million for the first time this year.…
British Gas Customers Urged to Claim £156 Bill Discount Before USwitch Offer Expires
British Gas customers are being urged to claim a £156 discount on their gas and electricity bills before USwitch’s offer vanishes. British Gas Offers £156 Savings on Fixed Tariff Amid…
HMRC Issues Urgent One-Month Tax Warning Impacting Up to 4.25 Million People
Nearly 4.5 individuals are being warned they could face a one-month deadline to submit their tax payments. Self-employed workers have only a few weeks to get their taxes in order.…
HMRC Sends Brown Envelopes to 210,000 Individuals for Overdue £5000 Pension Payments
In the coming weeks, many people will receive a brown envelope from HMRC, informing them of thousands of dollars owed. HMRC to Rectify State Pension Underpayments Affecting Women HM Revenue…