STATE pension is only accessible from certain ages which tend to rise over time. Currently, the state pension age is 65 and it is scheduled to increase to 66 by October 2020. It will then rise to 67 by 2028 and it will continue to rise beyond that but the government regularly reviews the timetables. Daily Express :: Finance Feed
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Income Tax: The eight benefits you do have to pay taxes on – full list
INCOME tax is a tax paid by the majority of people in one form or another. It covers all forms and kinds of income including wages and pensions but also rental income and benefits. There is variation in terms of how much income tax is paid and where it is derived from, especially when concerned with benefits. Daily Express :: ...
Read More »Universal Credit: What is the work allowance and how are earnings factored in?
UNIVERSAL Credit is a monthly payment that eligible claimants can receive to help support them in various circumstances. Universal Credit has replaced six previously existing benefits but the amount each person receives will likely be different. The amount every claimant receives will be dependant on their personal circumstances, with their earnings and income being one of the biggest deciding factors. ...
Read More »Martin Lewis reveals how to protect yourself from scammers – warning signs to look for
MARTIN LEWIS is the go-to guy for many Britons these days thanks to his professional and helpful money advice. Today on The Martin Lewis Money Show, Martin discussed a topic very close to his heart – fraud. How can you identify and protect yourself from a scam? Daily Express :: Finance Feed
Read More »State Pension explained: Does everyone get a State Pension?
THE State Pension helps support people financially after they have retired thanks to a monthly allowance paid to them by the Government. But does everyone get a State Pension? Daily Express :: Finance Feed
Read More »Pound euro exchange rate: GBP/EUR dips as France refuses ‘bad trade deal’ with UK
The pound to euro exchange rate shed 0.2 percent this morning, with the pairing currently trading around €1.192. Brexit jitters escalated after France said that it would not sign up to a bad trade deal with the UK simply to meet Downing Street’s strict deadline. Daily Express :: Finance Feed
Read More »Child Benefit: Why you might NOT want to get the money – and how to stop payments
CHILD benefit has other perks associated with it other than the actual payment. Parents are encouraged to apply for child benefit even if they have no intention of utilising the payments. However, there are some instances where a parent or career may want to completely opt out. Daily Express :: Finance Feed
Read More »State pension: Do you have to pay tax on your pension? Taxes explained
STATE pension income could be factored into income tax calculations along with personal pensions and certain benefits. However, how the taxes are paid will vary based on the individual circumstances. Daily Express :: Finance Feed
Read More »Universal Credit: Available support for housing costs including grants up to £36,000
UNIVERSAL CREDIT brings other support and benefits on top of the monthly payments it provides. For eligible claimants, it is possible to receive help with phone services, additional living costs and water bills. Daily Express :: Finance Feed
Read More »HMRC scam warning: Follow this protocol to protect your money against common scams
HMRC is a popular target for scammers. HMRC are responsible for many areas which affect people all over the UK including various benefits, tax schemes and government projects, and as such, falling prey to a scam can be devastating for victims. Daily Express :: Finance Feed
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