299 results for "New state pension"

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 Department of Work and Pensions (DWP) has announced a new scheme concerning a  ‘joined-up work and health support service’ to assist nearly 59,000 persons suffering from long-term illnesses or...

Following Labour MP Navendu Mishra's question about whether an assessment of the “average financial impact per claimant of the discontinuation of Disability Cost of Living Payments” had been made, the...

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....

Amidst the renewal season for tax credits, HMRC has issued a crucial warning to 730,000 claimants. Those receiving Working Tax Credit and or Child Tax Credit will start receiving renewal...

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...

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...

The Department for Work and Pensions (DWP) has confirmed that women affected by state pension underpayments are now falling into back payments averaging around £5,000. These arrears arise from 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...

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...

The Department for Work and Pensions (DWP) offers a wide range of financial support schemes for older people, of which the state pension is one of the most important. However,...

The British government will be strengthening the Department for Work and Pensions (DWP) by extending its powers to combat benefit abuse. Akin to the authority held by HM Revenue and...

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...

Workers are being urged to verify their State Pension contributions and seize the chance to refill any missing payments before a deadline. People who failed to update their contributions have...

The British Treasury has recently made a key announcement that will bring relief to many people, particularly women aged between 60 and 70. HM Revenue and Customs (HMRC) started reaching...

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...

Pension funds are anticipating a penalty worth tens of billions of pounds as levelling up secretary Michael Gove attempts to save his dream of reshaping the centuries-old property leasehold system...

According to new UK government welfare reform proposals, more than one million people with mental health disorders might lose Personal Independence Payments (PIP) worth up to £737.20 every four weeks...

According to current statistics, approximately one million households in the UK could lose up to £6,500 in state pension due to a simple oversight in claiming child benefit. Shockingly, child...

According to a Resolution Foundation analysis, a single parent who rents and works 30 hours per week at the national living wage will be roughly £3,800 better off in 2024–25...

In accordance with the government's commitment to the Triple Guarantee, April's increase in the state pension should provide people aged 65 and over with a boost to their income. New...

Britain's Universal Credit system is due to undergo major changes in 2024. The scheduled increase, which is set to impact millions of recipients, should take effect from April. Crucially, however,...

According to the Institute for Fiscal Studies, more than half a million of UK pensioners will face paying income tax for the first time this week. Tax Burden on UK...

The Department for Work and Pensions (DWP) has announced uplifting news for benefit claimants amid escalating financial burdens. From 1st April, those receiving both Universal Credit and the State Pension...

The UK's Department for Work and Pensions (DWP) recently completed a major review of the Personal Independence Payments (PIP) system, which offers financial support to people with health conditions or...

The Department for Work and Pensions (DWP) is poised to implement a significant increase in state pension rates. UK pensioners are set to receive a substantial increase in state pension...

The Department for Work and Pensions has boosted its household support fund to provide an additional £500 million in the wake of the Budget. Department for Work and Pensions Extends...

The impending challenge of funding a substantial wave of retirements has grown too significant to overlook. As the ageing population increases, the strain on state pension systems becomes an undeniable...

Pensioners have encountered an unforeseen financial setback, as newly disclosed figures reveal the imposition of an "emergency" income tax bill, reaching as high as £55,000 for some individuals, subsequent to...

The Chancellor's recent decision to abolish the pensions "lifetime allowance" marks a landmark day for British pensions. The move holds the potential to reshape the landscape of retirement savings, promising...

Rising energy and grocery bills are placing significant financial strain on pensioners, emphasizing the urgency of bolstering retirement savings. Amidst escalating living costs, pensioners find themselves grappling with the necessity...

The Department for Work and Pensions (DWP) has carried out a full review of state pensions, and some women's groups could face claims for thousands of pounds.

The DWP is informing people about available support to cope with rising living costs as many families face higher bills for essentials like heating, food, and mortgages.

Changes to the payment schedules for various benefits facilitated by the Department for Work and Pensions (DWP) and HM Revenue and Customs (HMRC) have been announced due to the May...

The DWP has announced changes to benefit payment dates ahead of the Christmas and New Year bank holidays to ensure timely disbursements for millions of claimants. With adjustments impacting benefits…

Over 455,000 claimants have won PIP appeals after initial rejections, with many receiving enhanced awards upon review. However, delays in the appeal process and inaccuracies in initial decisions continue to…

The DWP has revealed significant delays in processing PIP reviews, with some claimants waiting over a year for decisions. Payments are guaranteed during the review period, but concerns remain about…

The DWP's Winter Fuel Payment eligibility criteria and qualifications have been changed under the new Labour government.

The Department for Work and Pensions (DWP) is under increasing pressure to help disability benefit claimants access Winter Fuel Allowance (WFA) as a result of recent government cuts.

HM Revenue and Customs (HMRC) has issued an important update regarding certain type of people who are in receipt of financial assistance such as child benefit.

The Department for Work and Pensions (DWP) intends to abolish the earnings-related Employment and Support Allowance (ESA) two years ahead of schedule, with the announcement of a major policy change.

The Department for Work and Pensions is implementing significant changes to Universal Credit payment rates from April 2025, as announced by Rachel Reeves, Chancellor of the Exchequer, at Labour's budget…

The Department for Work and Pensions (DWP) has published a budget that includes many increases to Universal Credit in an effort to give more financial support in the face of…

New funding of £421 million means that households in hardship can get up to £500 of much-needed support for energy, food, and necessities.

The DWP offers essential winter payments, including Warm Home Discounts and Cold Weather Payments, to assist those in need.

The UK government has armed the DWP with new powers to directly deduct funds from bank accounts in a move to tackle growing benefit fraud concerns.

Disability benefits will increase next April, with PIP, ADP, and DLA going up by 1.7%. More details will be confirmed on October 30.