Almost 7 million adults in the dark about their State Pension
Almost 7 million adults could be missing out on information to help prepare them for their retirement.
Almost 7 million adults could be missing out on information to help prepare them for their retirement.
More than 56% of people say they weren’t prepared for life’s financial milestones with one in four admitting they lack basic knowledge about money matters but are too embarrassed to ask, according to new research.
Pensioners are being warned to be on high alert for scams as the recovery of Winter Fuel Payments begins this month. Almost two million people are expected to repay their winter 2025 payment due to their annual income being more than £35,000 – for most, an automatic process. HMRC saw more than 25,000 Winter Fuel Payment scam referrals over the last 12 months.
There were 4,757 customers who filed their Self Assessment tax return on Christmas Day, HM Revenue and Customs (HMRC) has revealed.
A day traditionally dominated by eating, drinking, and exchanging gifts saw a perhaps surprising number of customers also find time to go online and complete the essential job of filing their tax return for the 2022 to 2023 tax year, ahead of the 31 January 2024
More than one million claimant families receiving tax credits, and no other means-tested benefits, will get their second Cost of Living Payment from Wednesday 23 November 2022, HM Revenue and Customs (HMRC) has confirmed.