State pension warning as many people misunderstand basic DWP rule | Personal Finance | Finance

People have been urged to make sure they understand the rules around the state pension. The benefit remains a key part of many older people’s retirement finances, so it’s important to understand how much you are entitled to and when you can claim your payments. The full new state pension is currently worth £230.25 a week, or £11,973 More...

Benefit and state pension payment dates in October confirmed | Personal Finance | Finance
Information has been released on benefit payments in October. Households on benefits and other Department for Work and Pensions payments this month should not face any disruption, with money due to be paid into More...

Three letters that could be affecting how much you earn | Personal Finance | Finance
UK workers could be at risk of not receiving the correct pay due to their tax code. Every wage-earning, tax-paying worker in the UK is assigned a unique code that determines their tax liability. This code, typically More...

Households handed £120 cost of living payment from next week | Personal Finance | Finance
UK households on a low income will be handed a £120 cost of living payment from next week to help cover energy and food costs. The cash boost comes as part of the government’s Household Support Fund which More...

Tax-free Personal Allowance increased to £13,830 for ‘backdating’ households | Personal Finance | Finance
The tax-free Personal Allowance has been frozen for years on end, and unless there’s a u-turn from the Government, it is set to remain stuck at its current level for at least another four years, until 2028. More...

Drivers could save £350 a year on car insurance with simple trick | Personal Finance | Finance
Finance experts have revealed a straightforward method for drivers to cut their expenses by up to £350 annually. Using this digital platform could help you dramatically reduce your motor insurance premiums More...

State pensioners warned to look out for HMRC letter over ‘unpaid tax’ | Personal Finance | Finance
State pensioners have been warned they could get an unexpected tax bill from HMRC. As state pension payments increase, more people are being dragged into paying income tax. The full new state pension is already More...

DWP commission poised to set out ‘alternative’ to triple lock | Personal Finance | Finance
The Government could soon be presented with an alternative to the triple lock policy. The metric ensures state pension payments go up each April in line with the highest of three figures: the rise in average More...

HMRC £900 warning for those who need to send in this form ‘in weeks’ | Personal Finance | Finance
HM Revenue and Customs (HMRC) customers are being warned of a looming deadline that could see them slapped with a hefty fine if missed. While the majority have until the end of January next year to submit their More...

Nationwide explains when 2.45% interest rate drop will affect savers | Personal Finance | Finance
Nationwide Building Society has spoken out to clarify the rules around one of its accounts which can be subject to an interest rate cut. A person reached out over social media to ask a question about the mutual’s More...