If you’re planning for retirement, you may have found yourself asking is the 25% tax-free pension lump sum under threat. In recent years, rumours, Budget speculation, and media headlines have created uncertainty for UK pension savers. Because the 25% tax-free element plays such a crucial role in retirement planning, even the suggestion of change can…
HMRC sending assessment letters to UK taxpayers and pensioners has become more common in recent months. For many, these letters can feel confusing or worrying. But not every letter is bad news — some show you’ve underpaid tax, while others mean you’re due a refund.
This guide explains why HMRC is sending these letters, what…
Introduction
Picture this: the rent’s due, the energy bill is creeping up, and your weekly shop is costing more than usual. You’ve heard that a DWP to provide £225 cost of living payments to alleviate financial strain happening—but what’s the real deal?
First, here’s the good news: there are no new DWP direct cost-of-living…
Introduction
If you wonder how do I find out what pensions I have, you’re not alone. Thousands in the UK lose track of workplace pensions from past jobs. This guide answers how do I find out what pensions I have step by step, using free tracing services and expert advice. You’ll learn what information to…