52 h. ago More than 1.1m people over pension age could pay income tax on savings accounts

Some 1,160,000 people over state pension age are expected to incur an income tax liability on savings, according to data obtained by AJ Bell.

Economics

54 h. ago 24 DWP benefits that could see you 'automatically' get extra £10 before 2026

The Department for Work and Pensions (DWP) gives certain people a tax-free payment each year

Economics

5 d. ago UK Government urged to increase Personal Allowance to prevent pensioners paying tax

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

Economics

2 w. ago New call for to scrap Council Tax payments for all pensioners

A new online petition is calling for people on the State Pension to be exempt from paying Council Tax.

Economics

2 w. ago Winter Fuel Payment 2025: UK pensioners face tax on winter fuel allowance

Pensioners earning a certain amount will see their Winter Fuel Payments reclaimed 💡

Economics

2 w. ago Pensioners urged to check if they will pay tax in retirement next year

The earnings growth measure looks set to be the multiplier for the Triple Lock for the annual uprating.

Economics

3 w. ago HMRC targets millions of pensioners as major perk is set to be lost

The state pension is set to overtake the personal allowance limit, the point at which someone starts paying income tax, in 2027 - making all pensioners eligible for income tax

Economics