25 h. ago Even poorest OAPs face paying income tax in new stealth raid on state pension

Millions of Britain's poorest pensioners face being dragged into an 'old-age tax trap' as Chancellor Rachel Reeves desperately attempts to fill a growing black hole in the public finances.

Economics

3 d. ago Tax expert shares simple ways to get Winter Fuel Payment with a retirement income over £35,000

Pensioners with an income above £35,000 can either opt-out of the Winter Fuel Payment or repay it through PAYE or Self Assessment.

Economics

6 d. ago HMRC confirms over seven million people set to pay higher rate of income tax this year

Frozen tax thresholds have pushed people into higher brackets as their pay has increased.

Economics

6 d. ago DWP state pension payments to plummet as Brits born before 1959 set for 'bad news'

The DWP has issued a warning to those over the age of 66. Additional 420,000 pensioners are set to pay income tax this year, it has been warned

Economics

1 week ago Over one million pensioners set to pay higher rate of income tax this year

The Personal Allowance will be frozen at £12,570 until April 2028.

Economics

2 w. ago Child Benefit change coming this summer for thousands of families

You normally pay the High Income Child Benefit Charge through self-assessment - but there will soon be the option to do this through your PAYE tax code instead

Society

2 w. ago Winter fuel payment update as SNP Government reveals which pensioners will lose out

Pensioners with an income of more than £35,000 will have the payment clawed back through the tax system.

Politics

2 w. ago DWP Winter Fuel Payment warning as 'modest' savers face losing out

The DWP has introduced a new £35,000 income threshold for Winter Fuel Payment eligibility - and savers could find that even modest interest earned on their money could push them over the limit

Events

3 w. ago Expert tips for retirees to secure winter fuel payment and avoid losing £300

Thousands of pensioners could lose the winter fuel payment unless they carefully manage their income - but there are five simple ways to dodge the new rule

Economics

3 w. ago These 500,000 pensioners to miss out on winter fuel payments as income limit freezes

The government is to freeze the threshold which will cut off winter fuel payments meaning hundreds of thousands will lose out gradually

Economics

3 w. ago Mauritius 'will use cash from Labour's Chagos Islands deal to scrap income tax for 81% of its population and help pay off its national debt'

The Prime Minister last month signed an agreement to cede sovereignty of the stretegically-important Indian Ocean archipelago to Mauritius.

Economics

3 w. ago DWP confirms who will and won't get winter fuel payment in 2025 after U

The Department for Work and Pensions (DWP) has confirmed that pensioners with an income of £35,000 or less will receive the winter fuel payment later this year

Economics

3 w. ago Martin Lewis lists five things DWP will check after £300 payment rule change

The finance expert has set out what exactly the DWP will be counting as income for the winter fuel payment

Economics

3 w. ago DWP confirm what counts as 'taxable income' as winter fuel payment rule announced after U

Millions of people in the UK will have their £300 payment restored this winter

Economics

3 w. ago DWP announces it will offer £300 payment to millions in one income bracket

The government has confirmed more people will get support - here is everything you need to know

Economics

3 w. ago Older people on a low income could boost State Pension payments before end of summer

Around 700,000 pensioners are eligible for a £4,300 annual top-up, but not claiming it.

Economics

3 w. ago Nine million pensioners to receive winter fuel payment this year, Reeves says

The payment will be restored to all pensioners with an income of under £35,000.

Economics