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Tag: taxfree

Pension panic as savers rush to take 25% tax-free cash before Labour’s Budget raid

Posted: September 22, 2024 at 10:22 am   /   Business

Savers are racing to pull money from their pension pots in case chancellor Rachel Reeves attacks the hugely popular 25% tax-free lump sum benefit in her Budget next month. Daily Express :: Finance Feed

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HMRC explains ‘little known’ tax-free allowance after state pension query

Posted: July 26, 2024 at 10:22 am   /   Business

A taxpayer got in touch as they read about the allowance in a Martin Lewis article and found out about the little-known rule Daily Express :: Finance Feed

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DWP warns ‘don’t miss out’ on this tax-free benefit worth extra £3,900 a year

Posted: March 13, 2024 at 10:22 pm   /   Business

The DWP said around 1.4 million people are already claiming the benefit. Daily Express :: Finance Feed

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800,000 missing out on tax-free DWP benefit worth up to £3,900 a year – can you claim?

Posted: February 12, 2024 at 9:22 am   /   Business

People can claim this DWP benefit even if they have savings or own their own home. Daily Express :: Finance Feed

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State pension should be tax-free, says petition as anger grows over looming bills

Posted: January 8, 2024 at 9:22 pm   /   Business

Frozen tax allowances means increases in state pension payments are dragging pensioners into paying more tax. Daily Express :: Finance Feed

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World’s most affordable tax-free country for British expats named – full list

Posted: January 8, 2024 at 9:20 pm   /   Travel

‌An incredible country in the Middle East has been named as the world’s most affordable destination for British expats. Daily Express :: Travel Feed

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Britons urged to check if they’re eligible for DWP’s tax-free benefit worth £3,500 a year

Posted: October 13, 2023 at 10:22 am   /   Business

Up to £1.7billion worth of the DWP’s pension credit could be going unclaimed. Daily Express :: Finance Feed

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Pension 25% tax-free cash under attack: falls to just 14% in Hunt stealth raid

Posted: September 6, 2023 at 10:22 am   /   Business

The freedom to take 25 percent of your pension pot free of tax is a hugely popular perk but a little-noticed reform by Chancellor Jeremy Hunt is set to make it much less attractive over time. Daily Express :: Finance Feed

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