DWP could scrap state pension perk 'three times more expensive than planned'
The DWP state pension triple lock is trapping Britons in a "vicious cycle" a| Birmingham Live - Cost Of Living
The DWP state pension triple lock is trapping Britons in a "vicious cycle" a| Birmingham Live - Cost Of Living
Tax changes will come into force in April next year| Birmingham Live - Cost Of Living
Unpaid bills and fees have skyrocketed in recent years due to soaring energy prices| Birmingham Live - Cost Of Living
The Government has confirmed details of bonus payments| Birmingham Live - Cost Of Living
The Retirement Expectation Gap – the gap between when Brits want to retire and when they actually think they will be able to – has widened| Birmingham Live - Cost Of Living
Anyone earning over £35,000 a year will have the money clawed back through the tax system| Birmingham Live - Cost Of Living
The £100,000 to £125,140 wage bracket will subject earners to a punishing 60 per cent marginal tax rate, created by the progressive withdrawal of personal allowances.| Birmingham Live - Cost Of Living
Isaac Delestre, a Senior Research Economist at IFS and an author of the chapter, said: "Revenue-raising seems likely to be a major goal of the coming Budget.| Birmingham Live - Cost Of Living
The ‘old’ State Pension - or Basic State Pension - refers to the contributory state retirement pension system in place for people who reached State Pension age before 6 April 2016.| Birmingham Live - Cost Of Living
Sole traders will be required to use Making Tax Digital (MTD) for Income Tax in the biggest shake-up to the self-assessment regime since it was introduced nearly 30 years ago.| Birmingham Live - Cost Of Living
Older retirees have been warned "do not rush" ahead of the Autumn Budget from Labour Party Chancellor Rachel Reeves.| Birmingham Live - Cost Of Living
British Gas has urged households to “prepare now” for the winter ahead of most people turning on their heating by the end of this month.| Birmingham Live - Cost Of Living
New requirements for expensive accounting software are putting not-for-profit community projects in jeopardy.| Birmingham Live - Cost Of Living
Reform UK MP Lee Anderson says he used to work for Citizens Advice and they could get "the fittest man in Ashfield" on to disability benefits| Birmingham Live - Cost Of Living
Government has been told to "meet, listen and act" over WASPI payouts worth £2,950.| Birmingham Live - Cost Of Living
Reform UK’s Lee Anderson has led the calls to shake-up the disability and incapacity benefit.| Birmingham Live - Cost Of Living
HMRC has resumed its Direct Recovery of Debt powers, having paused them through the Covid crisis.| Birmingham Live - Cost Of Living
Housing Benefit delays in processing applications mean claimants could be left waiting up to 93 days for their money,| Birmingham Live - Cost Of Living
The grandad-of-four may never be able to walk again.| Birmingham Live - Cost Of Living
hitney used to be on Department for Work and Pensions (DWP) Universal Credit, but has turned her life around thanks to social media.| Birmingham Live - Cost Of Living
The Mortgage Works, a Nationwide subsidiary, is making further enhancements today (Wednesday 29 October) to support landlords who want to grow their portfolios.| Birmingham Live - Cost Of Living
The party's welfare spokesman announced plans to curb PIP for under 25-year-olds and people with 'non-major anxiety'| Birmingham Live - Cost Of Living
You will get Winter Heating Payment automatically if you get one of the benefits that make you eligible.| Birmingham Live
Labour made a manifesto promise not to increase income tax, VAT or National Insurance| Birmingham Live - Money
Customers urged to check full details of new banking offer| Birmingham Live - Money
New rules have been confirmed by the Government| Birmingham Live - Money
New qualifying rules are in place for this year| Birmingham Live
Annual increases to the State Pension pose big questions for the Treasury and make changes to the triple lock look unavoidable| Birmingham Live - Cost Of Living
Scott Gallacher, Director at Leicester-based Rowley Turton, called it a "timely warning" as landlords face receiving correspondence| Birmingham Live - Cost Of Living
The landmark legal challenge to get compensation is due to take place in December| Birmingham Live - Cost Of Living
Octopus Energy has powered past 10 million customers globally.| Birmingham Live - Cost Of Living
HMRC has wrongly halted Child Benefit payments for over 23,000 benefits claimants, according to an expose in the Guardian.| Birmingham Live - Cost Of Living
Workers risk losing out on £1,100 in terms of lost economic growth, a think tank has warned the Labour Party government.| Birmingham Live - Cost Of Living
HMRC will issue an immediate £100 fine to anyone who fails to meet the paper tax return deadline, unless they have a valid excuse.| Birmingham Live - Cost Of Living
The high street bank has replied to a customer who moaned| Birmingham Live - Cost Of Living
There are fears that the next State Pension age increase could 'penalise' people in areas with a lower life expectancy| Birmingham Live - Cost Of Living
42 per cent of those who have acted on social media investment content admit to losing money as a result.| Birmingham Live - Cost Of Living
Secretary of State for Work and Pensions Pat McFadden has addressed rumours of means-testing.| Birmingham Live - Cost Of Living
The number of people claiming universal credit (UC) has hit a record high of eight million.| Birmingham Live - Cost Of Living
The Department for Work and Pensions (DWP) Winter Fuel Payment is a tax-free payment of either £200 or £300.| Birmingham Live - Cost Of Living
Planned mansion tax could force thousands of asset-rich, cash-poor pensioners to sell up, it has been warned, ahead of the Autumn Budget.| Birmingham Live - Cost Of Living
New research found a third of Brits (33 per cent) expect the state pension age to reach at least 70 by 2030.| Birmingham Live - Cost Of Living
More than 250,000 families are set to receive confirmation of £150 discount off their energy bill due to extra help from the Labour Party government.| Birmingham Live - Cost Of Living
HMRC has deducted cash from mums and dads who went from Liverpool to Amsterdam with their autistic children - among thousands of others.| Birmingham Live - Cost Of Living
Warm Home Discount letters are being sent to households across England and Wales from Tuesday.| Birmingham Live
Families across England and Wales will be eligible for the discount| Birmingham Live - Money
The DWP is set to begin snooping on people's bank accounts amid a push to stamp out Universal Credit, ESA and Pension Credit fraud.| Birmingham Live - Cost Of Living
Chancellor has decided against tightening the eligibility criteria for the Motability scheme.| Birmingham Live - Cost Of Living
The qualifying week was from September 15 to 21 for winter 2025/26.| Birmingham Live - Cost Of Living
Savers are being warned they could end up paying double tax bills because of confusing letters - which have been branded "bewildering" - from HMRC.| Birmingham Live - Cost Of Living
DWP has launched a Pension Credit Week of Action.| Birmingham Live - Cost Of Living
Labour Party MP Sir Stephen Timms spoke out in the Commons, in the wake of being asked about the two-child benefit limit.| Birmingham Live - Cost Of Living
The Chancellor could put restrictions on the Motability scheme in next month's Budget| Birmingham Live
The lessons are available to everyone – not just for Nationwide customers - across all branches.| Birmingham Live
DWP is set to clampdown on benefit and welfare fraud, with new powers for staff| Birmingham Live
The Department for Work and Pensions overpaid £9.5bn in benefits last year, with £6.5bn of that down to fraud| Birmingham Live
The DWP shed light on the problem in its annual report for 2023 to 2024, which was published this week.| Birmingham Live
The tenth month of the year brings with it a new October price cap for households - and higher bills as a result, as energy usage increases.| Birmingham Live
Older savers should avoid making rash decisions about their pension cash based on “fear and rumour”, personal finance experts have warned.| Birmingham Live
UK savers could see returns plunge as £116billion in accounts maturing through this calendar year, personal finance experts reckon.| Birmingham Live
Savers face hefty charges outside first-home or retirement withdrawals under current Labour Party and HMRC rules.| Birmingham Live
Uswitch says 22 million households on standard tariffs could save hundreds by switching to a fixed deal now.| Birmingham Live
HMRC will change tax codes and adjust slips for state pensioners in a bid to reclaim £300 from state pensioners handed the Winter Fuel Payment.| Birmingham Live
One woman, Janet Davies, told the DWP £20,000 was for her elderly mum, but reports say she is "now facing the consequences".| Birmingham Live
The winter support scheme has been extended to help million more families| Birmingham Live
Brits warned they could easily fall foul of tax rules if they don't keep track of their income| Birmingham Live
The changes come ahead of the Budget in October from Labour Party Chancellor Rachel Reeves.| Birmingham Live
NatWest and Halifax are set to shut 39 bank branches in September.| Birmingham Live
The payment will be £125 to households with dependent children and £50 to all other households.| Birmingham Live
Pension savers withdrawing money from their private pots are often taxed under emergency tax codes due to how the pension tax system works.| Birmingham Live
The energy provider, which is rivalled by EDF, EON, Ovo and British Gas, has boosted Spain’s energy transition with 600 MW of solar and battery storage capacity.| Birmingham Live
IHT is widely rumoured to be a tax Rachel Reeves is targeting in her fiscal statement, which will take place later this year.| Birmingham Live
Parents are being urged to check if their kids have child trust funds they have forgotten about.| Birmingham Live
Experts say tax rises are not enough to plug Britain's financial black hole and tough spending cuts on the ever-increasing welfare bill will be needed| Birmingham Live
One jobseeker has said she is facing mounting bills including council tax and electricity| Birmingham Live
Newcastle Building Society is dropping rates on 37 variable rate savings accounts.| Birmingham Live
