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The UK’s tax system is changing, and HM Revenue and Customs (HMRC) has introduced new rules that could affect anyone with savings over £2,500. These changes, set to roll out in 2025, aim to tackle tax avoidance but might hit regular savers harder than expected. If you’ve got money tucked away in a savings account, … Read more
Big News for Pensioners The Department for Work and Pensions (DWP) has announced a significant update for state pension recipients in the UK, with some set to receive up to £5,600 annually. This news has sparked excitement among pensioners, many of whom rely on the state pension as their main source of income. The increase … Read more
The UK government is rolling out big changes to pension rules starting August 2025, and it’s set to affect millions of people. Whether you’re saving for retirement, already claiming a pension, or helping a loved one plan, these updates could change how much you get and when. The aim is to make pensions fairer and … Read more
The Department for Work and Pensions (DWP) has shared important news for people receiving benefits in the UK. With the August bank holiday approaching, payment dates for many benefits will change. This happens because banks and government offices close on bank holidays, so the DWP adjusts schedules to make sure people get their money on … Read more
Starting August 2025, UK pensioners are in for a welcome increase in their state pension payments. The government has confirmed a significant boost, driven by the triple lock policy, which ensures pensions rise by the highest of inflation, average earnings growth, or 2.5%. This year, earnings growth is leading the way, promising a noticeable uplift … Read more