UK Government Moves to Raise Personal Tax Allowance from £12,570 to £20,000

UK Government Moves to Raise Personal Tax Allowance from £12,570 to £20,000

The possibility of the Personal Tax Allowance rising from £12,570 to £20,000 is already generating serious conversation across the UK. For millions of workers, pensioners and self‑employed individuals, such a change would dramatically alter how much income is taxed each year — and how much money stays in your pocket. At the moment, the Personal … Read more

UK Banks Confirm New Withdrawal Limits for Over‑67s From 16 February

UK Banks Confirm New Withdrawal Limits for Over‑67s From 16 February

From 16 February, new bank withdrawal limits affecting some customers aged 67 and over are coming into force across parts of the UK banking sector. The changes have sparked questions among pensioners and their families, particularly around whether access to personal savings is being restricted and why age is being mentioned at all. For many … Read more

£562 DWP Payment Approved – Pensioners Born Before 1961 to Receive New Support

£562 DWP Payment Approved – Pensioners Born Before 1961 to Receive New Support

News that a £562 payment has been approved for certain pensioners has quickly gained attention across the UK. For many older households managing fixed retirement incomes, any additional financial support can make a real difference — especially during periods of rising household costs. Reports suggest that pensioners born before 1961 could be among those eligible … Read more