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State pensioners urged to claim £30,000 boost as deadline looms
Oct 10, 2024 · A person usually needs 35 years of NI contributions to receive the full new state pension, which amounts to £221.20 a week. By topping up for one year, you're effectively increasing your state pension by one 35th – which is£5.85 a week, or £302.86 annually. The current full basic state pension is set at £169.50 a week.
B&M's stylish and cosy £29 outfit keeps me so warm without …
Oct 12, 2024 · I hate being cold, and ever since the weather has gotten significantly colder, I've been wrapping myself up in so many layers to take the edge off. I'm also not quite ready to turn on my heating, as I'm keen to avoid spending more money than I need to on bills - especially considering I only moved ...
DWP and HMRC changes in October - from Universal Credit to taxes
Oct 4, 2024 · Benefit recipients could be facing an entirely different financial situation by the end of the month following Labour’s first Autumn Statement on October 30. Chancellor Rachel Reeves’ announcements are expected to include PIP reform plans, state pension increases, inheritance tax and capital gains tax changes, single person’s discount on council tax …
Martin Lewis gets update on DWP winter fuel payment letters
Oct 9, 2024 · Martin Lewis today called for the government to send letters to all of the people who should be receiving Pensions Credit - but don’t. Pensions Credit is the ‘gateway’ benefit which is the key to getting the winter fuel payment and almost 900,000 people who are eligible haven’t even applied. It’s worth around £3,900 to some of the ...
WASPI campaigners' damning verdict of government on …
Oct 11, 2024 · WASPI campaigners have expressed their disappointment over Labour's lack of action in delivering their long-awaited compensation payouts. As the new Government approaches its 100-day mark this weekend, campaign leaders have criticised the "lack of progress" despite numerous Labour MPs supporting their cause.. The WASPI generation of …
Rachel Reeves gives state pension £400 rise update after winter …
Sep 23, 2024 · The Treasury expects the new full state pension to be boosted above inflation by more than £400 a year in cash terms in 2025. Speaking to Times Radio Ms Reeves defended her decision to means-test winter fuel payments, highlighting that the increased take-up of pension credit and the retention of the state pension triple lock would protect ...
Pension tax raid that would hit 1m teachers and nurses could be ...
Oct 7, 2024 · Labour is reportedly preparing to ditch a controversial scheme to cut pension savings tax relief over fears of who it would affect. It follows concerns it might unduly hit around a million public sector workers, which include teachers and nurses. Officials from the Treasury have cautioned Chancellor Rachel Reeves against reducing the 40 percent ...
DWP triple lock could be 'scrapped' for 'more affordable' policy
Oct 4, 2024 · The future of the triple lock is uncertain as ministers may need to adopt a "more sustainable" method for determining state pension increases. In the past two years, this policy has resulted in significant payment increases, with an 8.5 percent rise this past April and a record-breaking 10.1 percent increase last year.
DWP WASPI campaign given a boost as women wait for …
Oct 4, 2024 · Women Against State Pension Inequality (WASPI) campaigners have shared a positive update as hundreds of thousands of women await compensation worth up to almost £3,000 each.