With a 4.9 percent rise from the year prior, the UK's green taxes revenue in 2023 was £52.5 billion, nearly returning to the pre-pandemic state. The rate of corporation tax...
According to the latest Department for Work and Pensions (DWP) statistics, the State Pension is currently offering a regular financial income to approximately 12.7 million older individuals across the country,...
The UK emerged from recession at the beginning of the year thanks to stronger-than-expected growth. According to official statistics, the GDP expanded by 0.6% between January and March—the quickest pace...
The next government will be required to hit voters with post-election tax increases and delay net-zero investment unless it is willing to scrap Treasury guidelines for managing public finances, according...
British Retail Bank TSB is to cut 250 jobs and close 36 branches. The job cuts will affect the bank's fraud operations, central operations and staff in branches scheduled for...
Many elderly Scottish households can anticipate receiving a series of one-off payments, totalling up to £367 per home, as winter approaches. Offered by the Scottish Government and the Department for...
Between June and December this year, thousands of Carer's Allowance recipients will receive one-off payments totalling £288.60. The Scottish Government automatically pays the Carer's Allowance supplement twice a year to...
The Department for Work and Pensions (DWP) is considering a complete reform of the Personal Independence Payment (PIP). It says it is investigating measures such as “stopping regular cash payments” of...
Wealthy pension savers are being cautioned that a new “catch in the small print” of lifetime allowance legislation might put them at danger of paying excessively tax on pension withdrawals....
Experts issued a warning to individuals who are late in filing their UK tax returns to make the necessary corrections as soon as possible to avoid the higher penalties that...
The Chancellor of the Exchequer, Jeremy Hunt, has stated that he can “rule out” raising the State Pension age in order to support the UK Government's proposal to abolish National...
NHS prescription prices in the UK rose by 2.59% on May 1, marking a dark day for individuals in need of medication. Many are blasting the rise in prices to...
Following the passage of a key deadline, HMRC has begun issuing £10 daily fines to anyone who have yet to complete their self-assessment tax return. HMRC Imposes Daily Fines for...
The Department for Work and Pensions (DWP) is offering individuals of State Pension age an increase in income if they suffer from hearing impairment. Approximately 12 million adults in the...
Millions of non-benefit claimants are noticing an additional £57 in their account balances. This is due to reductions in National Insurance, the tax paid by working people, which allows households...
Amid the cost of living crisis, a substantial number of people in the UK may be eligible for a range of financial support schemes and discounts facilitated by the Department...
Some parents and legal guardians are required to update their personal information on GOV.UK to guarantee Child Benefit payments continue in June. This affects anyone with a 16-year-old child who was previously...
According to Nationwide, UK house prices dipped in April as prospective buyers faced persistent affordability pressures. UK House Prices Slide as Lenders Raise Mortgage Rates The UK's largest building society...
Chancellor Jeremy Hunt's government recently made an announcement that should bring much-needed relief to thousands of struggling households across the UK. A £421 million support programme, Household Support Fund, is...
British workers are set to benefit from a major financial break from HM Revenue and Customs (HMRC). As part of the Government's Spring Budget, HMRC is set to launch a...
The Department for Work and Pensions (DWP) and HM Revenue & Customs (HMRC) are rolling out a long-awaited online service to simplify the process of topping up National Insurance Contributions...
The British population is currently grappling with a plethora of tax obligations, to an extent that event HMRC finds it hard to keep up. With allowances frozen or slashed, taxpayers...
HM Revenue and Customs (HMRC) recently issued an important reminder to eligible households not to overlook the possibility of claiming up to £1,331 a year in child benefit for newborn...
The UK's famous seaside region of Cornwall is sparking talk of a possible 'tourist tax'. Backed by significant figures, the idea could open up new opportunities for travel in the...
Housing costs, both rental and ownership, have soared in recent years. This surge in housing costs raises the question of what kind of help the government can provide. So, If...
Nearly 300,000 households are missing out on £1.2 billion in rental support. According to a new Policy in Practice study, hundreds of thousands of senior citizens are entitled for about...
Scotland is about to implement a new Disability Benefit Scheme, the Pension Age Disability Payment, for people of State Pension age with a disability or long-term condition. This new payment...
Recent statistics suggest that many pensioners may have been overtaxed on their pension withdrawals. Claimants are being encouraged to check whether they are entitled to a tax refund from HM...
The UK Benefits System is on the verge of major changes that will redefine the way its citizens interact with the Department for Work and Pensions (DWP). These include people...
The Department for Work and Pensions (DWP) has come out in support of the elderly, in particular those with heart conditions. Over 1.5 million people over retirement age receive Attendance...
Over two million British households have been warned they may be missing out on council tax benefits worth more than £1,500 each year. Many People Could be Missing out on...
Over 1,000 unpaid carers in Wales' picturesque county of Monmouthshire are receiving much-needed financial help, according to the latest figures. However, a leading charity championing these unsung heroes has claimed...
MPs have issued a warning that thousands of vulnerable people could lose their welfare payments as a result of a major Universal Credit benefit switch. Universal Credit Benefit Switch Raises...
The UK Government's recent decision to freeze income thresholds could result in unexpected tax liabilities for around 127,680 married couples in the 2024-25 tax year. This is due to the...
Following an incorrect amount of tax being charged on pension income, HMRC has refunded more than £42 million in pension tax overpayment refunds in the first quarter of 2024. HMRC...
According to tax specialists, HMRC is purportedly targeting around two million married couples in a new tax crackdown, and many are unaware of the approaching threat. HMRC Targets Two Million...
Car insurance experts are pushing for big reforms to be made in order to assist drivers who are faced with overwhelming costs, amid concerns that disadvantaged motorists are paying the...
Ministers have been advised that private sector workers and businesses must contribute more to their pensions to avoid a retirement crisis. Urgent Reforms Needed to Bolster Pension Contributions According to...
KPMG UK has cancelled employment offers for certain foreign graduates in the UK after the government strengthened visa requirements for abroad workers in an effort to reduce record immigration. KPMG...
Over the last few years, the number of people claiming Personal Independence Payment (PIP) for mental health problems has risen dramatically across the UK. The Department for Work and Pensions...
Universal Credit claimants with children have been alerted to the potential for childcare support worth up to £1,739 per month. This is part of the UK Government's initiative to help...
Brits are being urged to check their payslips as HM Revenue & Customs (HMRC) collect an estimated £5.8 billion in overpaid tax. This enormous error is mainly due to incorrect...
A large number of households are being notified about big changes to their benefits. People who receive income-related Employment Support Allowance (ESA) will be transferred to Universal Credit by April...
The Department for Work and Pensions (DWP) has issued a warning to State Pension claimants to collect £1,319 per month. Over 1.5 million older people receiving Attendance Allowance are expected to...
Millions of British citizens are going to notice changes to the dates on which they receive benefits such as the state pension, PIP, child benefit and other allowances as a...
The Conservative Party, led by Prime Minister Rishi Sunak, recently announced its intention to maintain the cap on the two-child benefit on Universal Credit should it win the next election....
The government has reopened its multi-million pound Hardship Fund in response to the economic impact of the pandemic. If you are a low-income household or on benefits, you can apply...
The Department for Work and Pensions (DWP) has set out to provide financial relief to senior citizens who are facing an escalating cost of living. The scheme, which is aimed...
According to the most recent Department for Work and Pensions (DWP) estimates, 3.5 million persons in the UK were claiming Personal Independence Payment (PIP) as of the end of January...
Are you aware that the Department for Work and Pensions (DWP) carries out frequent assessments of benefit claimants? The assessments enable the DWP to identify people who may be retrospectively...