HMRC Salary Sacrifice Loophole Allows Workers to Double Pension Allowance to £4,000 Thursday, March 12, 2026 hmrc pensions salarysacrifice allowance taxpolicy labourparty government taxloophole financialsecretary workplacebenefits A salary sacrifice loophole now permits workers holding multiple jobs to double their pension contribution allowance to £4,000 annually. According to a recent confirmation from Lord Livermore, the Financial Secretary to the … Read More
HMRC’s Tax Threshold Freeze to Push One Million Pensioners Into Paying Income Tax Wednesday, March 11, 2026 hmrc tax pensioners statepension incometax taxfreeze obr pensions personalallowance budget Up to one million more state pensioners are expected to start paying income tax on their state pension, following a freeze on tax thresholds announced in last year’s Budget. The Office for Budget Responsibility (OBR) … Read More
Major WASPI Update Expected Soon as Campaigners Push for £2,950 DWP Payouts Friday, March 6, 2026 waspi pensions dwp compensation ombudsman pensionage legalchallenge womensrights pensioninequality government Women involved in the WASPI (Women Against State Pension Inequality) campaign have announced a significant update regarding their ongoing fight against the Department for Work and Pensions (DWP). Following a 2024 Ombudsman … Read More
Thousands of UK Families Face Loss of Key Inheritance Tax Allowance Friday, February 27, 2026 inheritance tax allowance pensions estates labour planning quilter financial wealth Thousands of UK families are poised to lose a critical inheritance tax allowance due to significant policy changes under a potential Labour government. By 2030-31, over 16,000 estates are projected to surpass the £2 million … Read More
HMRC Increases Child Benefit Payments for Parents of Children Born After 2010 Sunday, February 22, 2026 hmrc childbenefit parents pensions nationalinsurance benefits taxyear2027 education claim childcare HM Revenue & Customs (HMRC) is set to increase Child Benefit payments for parents with children born after 2010. For the tax year ending 5 April 2027, the Child Benefit rate will rise to £27.05 per week for the first or … Read More
Rachel Reeves Warns Millions of State Pensioners Will Lose Up to £33 a Month Wednesday, February 18, 2026 pensions winterfuel payments dwp tax hmrc retirees meanstest income clawback The Department for Work and Pensions (DWP) has confirmed the method for reclaiming Winter Fuel Payments from certain state pensioners. Under the new scheme, retirees with incomes exceeding £35,000 will have to repay part or … Read More