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 :: ...
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Receiving income related benefits? You could get a £812 budgeting loan from the state
INCOME RELATED benefit claimants could receive support from the government via budgeting loans. These loans are designed to help with certain essential purchases but there are strict rules for eligibility and repayments. Daily Express :: Finance Feed
Read More »Pension Credit: Can you receive further income in retirement? Key dates to be aware of
STATE PENSION age is rising in the UK. Currently, under changes being made to the 2011 Pensions Act, the state pension age is scheduled to reach 66 by October 2020. Beyond this, the state pension is expected to increase to 67 between 2026 and 2028. However, there are some closer dates that pensioners should be aware of. Daily Express :: ...
Read More »Retirement and me: How woman with ‘low’ pension and state pension tops up income by £230
RETIREMENT AND ME is the series which looks at how people are spending their time and money as they approach and enter retirement. This week, a woman reveals how she tops up her state pension and “low” teachers’ pension by £230 each month. Daily Express :: Finance Feed
Read More »How Universal Credit works for self-employed people – how does it affect income?
UNIVERSAL CREDIT was announced in 2010 and then rolled out in April 2013. Universal credit replaced six previously existing benefits by combining them into one payment plan. The benefit is available for people of working-age, which includes the self-employed. Daily Express :: Finance Feed
Read More »State pension: Thousands suspend payment while some pensioners boost weekly income by £45
STATE PENSION is a payment which may be claimed once a person reaches state pension age – although it can be deferred. Tens of thousands of people chose to stop receiving their state pension in 2018/19. Daily Express :: Finance Feed
Read More »Pay rise in 2020: 2.8million to get more each month from April – will your income rise?
PAY RISES are something which many people hope for, particularly with the cost of living rising. Increases to the National Living Wage and National Minimum Wage rates have been announced ahead of April 2020. Daily Express :: Finance Feed
Read More »State pension news: Millions of pensioners secure income increases amid Boris election win
STATE PENSION: The General Election 2019 results have begun to be announced, showing the Conservative Party have won a strong majority. What do the results mean for the state pension? Daily Express :: Finance Feed
Read More »Retirement and me: Couple on how they boost income by £20 a day on top of their pension
RETIREMENT AND ME is the series which looks at how people are spending their time and money as they approach and enter retirement. This week, a couple reveal how they boost their pension income following early retirement. Daily Express :: Finance Feed
Read More »Planning for retirement: Boosting pensions to state pension income – five questions to ask
PENSION payments can be a key form of income during one’s retirement, however following the changes by the government in 2015, there are a number of options when it comes to what a person chooses to do with this form of savings. Daily Express :: Finance Feed
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