56 h. 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

3 d. ago Exact date pensioners need to opt out of Winter Fuel Payment to avoid HMRC clawback

Around two million pensioners with an income over £35,000 are due to receive this year’s Winter Fuel Payment.

Economics

8 d. ago You could be eligible for £120,000 payment if you've had any of these vaccinations

The Vaccine Damage Payment is provided to certain people who have developed a severe disability because of a vaccine they were given - and it includes a wide range of vaccines

Economics

1 week ago Reform unveils plan to top up poorest workers from £250,000 fee on rich UK newcomers

Nigel Farage will outline Britannia Card policy that could give the low paid £600 to £1,000 extra a yearReform UK are to offer wealthy foreigners and returning British expats a bespoke tax regime in exchange for a one-off payment of £250,000 with all funds collected redistributed to Britain’s lowest-paid workers, the party claims,.The proposal, dubbed the Britannia Card, is due to be unveiled by party leader Nigel Farage later this week. It promises a 10-year residence permit and a return to the controversial “remittance basis” of taxation, allowing cardholders to shield overseas income from UK tax and avoid inheritance tax entirely. Continue reading...

Economics

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 £150 compensation payment for over 4,000 people with major energy supplier

Utilita to pay £277,000 for Warm Home Discount payment failures over the 2023/24 winter period.

Economics

2 w. ago Energy firm to pay £277,000 in compensation after major payment failure

Ofgem found that Utilita failed to pay Warm Home Discount payments, worth £150 and applied directly to electricity accounts, to 4,000 customers within the required timeframe

Economics

2 w. ago Utilita to pay £277,000 for Warm Home Discount payment failures

Ofgem found the supplier failed to pass on the mandatory discount to more than 4,000 customers.

Economics

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 PIP could provide up to £749 every month to people with respiratory conditions including asthma

Nearly 138,000 people are receiving PIP or Adult Disability Payment for over 20 respiratory conditions.

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 Is the new Winter Fuel Payment £35,000 threshold for an individual or a household? STEVE WEBB replies

Is the new £35,000 threshold per pensioner or per household? Individually both myself and partner have less, but combined we are over it.

Economics

3 w. ago Is new Winter Fuel Payment £35,000 threshold for an individual or a household? STEVE WEBB replies

Is the new £35,000 threshold per pensioner or per household? Individually both myself and partner have less, but combined we are over it.

Economics

3 w. ago Exact date millions of pensioners will qualify for Winter Fuel Payment

In a huge U-turn, it was confirmed that pensioners will now receive the Winter Fuel Payment this year if they earn below £35,000 a year - we explain the full eligibility below

Economics

3 w. ago Winter fuel payment should be restored for NI pensioners – Lyons

Around 250,000 pensioners in NI were affected when the payment was cut last year in a cost-saving measure by the new Labour government.

Economics

3 w. ago Winter fuel payments threshold to rise to £35,000, Rachel Reeves announces

Change means about 7.5 million pensioners in England and Wales who lost out on payment will have it restoredUK politics live – latest updatesAll pensioners with an income of £35,000 or less a year will have the winter fuel payment restored in full, Rachel Reeves has announced, after weeks of uncertainty over the decision to make a U-turn on scrapping the benefit.Ministers are restoring the automatic payments as a universal benefit this winter and then recouping the money when higher-income pensioners fill in their tax returns, as creating a new means test would be a highly complex option. Continue reading...

Economics

3 w. ago Pensioners issued warning over £10,000 winter fuel payment rule

Winter fuel payments are available for state pensioners who also claim Pension Credit, with the government planning to review the eligibility criteria for the payment this year

Economics