Pension panic as savers rush to take 25% tax-free cash before Labour’s Budget raid
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
HMRC explains ‘little known’ tax-free allowance after state pension query
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
DWP warns ‘don’t miss out’ on this tax-free benefit worth extra £3,900 a year
The DWP said around 1.4 million people are already claiming the benefit. Daily Express :: Finance Feed
800,000 missing out on tax-free DWP benefit worth up to £3,900 a year – can you claim?
People can claim this DWP benefit even if they have savings or own their own home. Daily Express :: Finance Feed
State pension should be tax-free, says petition as anger grows over looming bills
Frozen tax allowances means increases in state pension payments are dragging pensioners into paying more tax. Daily Express :: Finance Feed
Britons urged to check if they’re eligible for DWP’s tax-free benefit worth £3,500 a year
Up to £1.7billion worth of the DWP’s pension credit could be going unclaimed. Daily Express :: Finance Feed
Pension 25% tax-free cash under attack: falls to just 14% in Hunt stealth raid
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
7.7% a year! Higher income than every best buy savings account (and it’s tax-free too)
Savers are getting the best return on cash in years but they could potentially get even more income from a rival asset class that has fallen out of favour. It’s tax free and may prove more sustainable, too. Daily Express :: Finance Feed
7.33% a year tax-free in an Isa – smashes every savings account but is it too risky?
Savings rates have climbed sharply over the past 18 months but those who are willing to take on more risk could generate a higher income by investing in dividend-paying FTSE 100 equity income stocks. Daily Express :: Finance Feed