7 h. ago Six big changes to expect from Reeves’ Budget and how they’ll impact your finances

Income tax, pensions, the cash ISA and more could all be set for notable alterations

Economics

46 h. ago Income, pensions & property – how Rachel Reeves’ budget could hit Scots

IN a highly unusual pre Budget speech this week, Chancellor Rachel Reeves set the scene for painful tax rises. She warned that we “each must do our bit” — but what she really meant is “tax rises are on the way”. The most important thing from her speech was what she did NOT say, refusing...

Economics

57 h. ago Reeves to hammer London and South East with 2.8m facing Budget blow from 2p income tax rise

The Chancellor has been hit by a Labour revolt over breaking the party’s manifesto by raising income tax

Economics

4 d. ago Pensioners face £2,500 tax bills under potential Income Tax plans

Chancellor Rachel Reeves is said to be considering raising income tax, in a move that would hit millions of pensioners - and some could face bills of up to 2,500

Economics

4 d. ago How millions of workers on minimum wage can get secret extra pay rise worth £277k – anyone above 22 can do it

MILLIONS of minimum wage workers could bag an additional secret pay rise, the Sun can reveal. With the minimum wage set to increase, workers can get extra cash from employer by boosting their retirement income. Anyone aged between 22 and state pension age, who earns more than £10,000 a year with a single company is automatically signed...

Economics

4 d. ago Almost 9million pensioners to be hit by Rachel Reeves's income tax raid as Chancellor 'tells Budget watchdog she will break Labour's manifesto pledge'

The Chancellor has paved the way for fresh levy hikes later this month after she used a Downing Street speech on Tuesday to warn Britons: 'Each of us must do our bit.'

Economics

5 d. ago Almost 9million pensioners to be hit by Rachel Reeves' income tax raid as Chancellor 'tells Budget watchdog she will break Labour's manifesto pledge'

The Chancellor has paved the way for fresh levy hikes later this month after she used a Downing Street speech on Tuesday to warn Britons: 'Each of us must do our bit.'

Economics

5 d. ago Pensioners can claim two benefits which boost annual income to nearly £18,000

Older people on a low income or living with a health condition could be due extra financial help on top of their State Pension.

Economics

6 d. ago Government issues statement on income tax for state pensioners ahead of Budget

The State Pension is expected to go up by 4.8 per cent in April

Economics

7 d. ago Millions of people over State Pension age to pay tax in new financial year

The annual uprating will see the full New State Pension creep closer to the £12,570 Personal Allowance threshold.

Economics

7 d. ago Older people living on their own could be due annual State Pension boost of £4,300

Pension Credit claims can be backdated by up to three months and unlock access to other financial support.

Economics

7 d. ago Reform's Richard Tice warns triple lock is 'unsustainable' and public sector pensions pose 'bigger risk than climate change' to UK economy

Reform's Richard Tice has branded the long-established policy of the state pension triple lock, which guarantees pensioners' incomes rise in real terms each year, 'unsustainable'.

Events

8 d. ago Rachel Reeves Autumn Budget could hit pensioners with £1k bills

Pensioners could be among the hardest hit by rumoured changes to income tax and National Insurance rates

Economics

1 week ago Tax department issues rules for pensioners who must pay £300 Winter Fuel Payment back

Pensioners with a taxable income over £35,000 will have the payment clawed back in one of two ways

Economics

1 week ago New DWP trial to encourage nearly one million pensioners to claim £4,300 income boost

New DWP analysis shows uptake of Pension Credit is higher in Scotland than England and Wales.

Economics

1 week ago Finance expert warns income tax rise at Autumn Budget could hit pensioners and self

Speculation is growing that changes to income tax and National Insurance will be announced in November.

Events

1 week ago Voices: ‘Tax the wealthy, not the workers’: Readers divided on how Reeves should tackle £20bn Budget blackhole

Our community is divided over reports Rachel Reeves’ is set to hike income tax by 2p, with some supporting higher taxes on the wealthy as fair and necessary, while others warn it could harm low-income earners, pensioners, and overall economic growth

Economics

1 week ago How Rachel Reeves is plotting a £50billion tax raid on YOUR pension pot

A PENSIONS shake-up being considered in next month's Budget would shrink pots by £50billion, Rachel Reeves has been warned. The Chancellor is said to be considering slashing tax relief for pensions in her Autumn statement on November 26th. Currently, when you save into a pension, the government adds back the income tax you paid on...

Economics

2 w. ago New State Pension rates from April could push more older people over tax threshold

Pensioners with an additional income of £10,000 could get an unexpected tax bill.

Economics

3 w. ago Government issues update on major pension changes for anyone approaching retirement

The Department for Work and Pensions (DWP) says proposed changes to pensions pots could boost retirement incomes by 60 per cent

Politics