Millions of people receiving the State Pension and other benefits could see their usual payment dates change over the Christmas and New Year period. The changes are linked to the UK bank holidays. GOV.UK states that benefits and pensions due on a weekend or bank holiday are usually paid on the working day before. Christmas … Read more
UK homeowners could see changes to their mortgage costs in 2027 as interest rates and mortgage deals continue to shift. But whether your monthly payment actually changes will depend largely on the type of mortgage you have and when your current deal ends. The Bank of England raised Bank Rate to 4% in November 2026, … Read more
New Child Benefit Rates Confirmed Millions of UK families are set to receive higher Child Benefit payments from April 2027, after HMRC confirmed the new rates for the 2027/28 tax year. The increase follows the annual review of Child Benefit rates, with payments rising by 3.5% in line with CPI inflation. The new rates will … Read more
Universal Credit Extra Money People claiming Universal Credit could be missing out on additional support if they have caring responsibilities, a disability, children or eligible childcare costs. Universal Credit is made up of a standard allowance plus additional elements, depending on a claimant’s circumstances. Carer’s Element If you care for someone for at least 35 … Read more
New HMRC Tax Boost for Pensioners State Pensioners could benefit from a new tax measure from April 2027 designed to prevent some people from paying tax simply because the State Pension rises above the standard Personal Allowance. The new Pension Tax Allowance will apply automatically to eligible people above State Pension age. Who Could Benefit? … Read more
£300 Winter Fuel Payment Warning Some UK pensioners who receive a £300 Winter Fuel Payment could ultimately have the full amount recovered through the tax system if their individual income is above £35,000. For winter 2026/27, eligible people born on or before 27 June 1960 can receive between £100 and £300, depending on their age … Read more
HMRC Tax Rules Set for Major Changes Millions of UK workers and taxpayers could face changes to the way they deal with HMRC over the coming years, with several reforms already announced for 2027 onwards. The Government says the changes are designed to modernise the tax system and make payments and reporting more closely connected … Read more
£695 Bank Money Warning UK bank customers are being urged to keep a close eye on their accounts as Black Friday and Christmas shopping increase the risk of losing money to scams and unexpected payments. The £695 figure should not be treated as a confirmed charge or automatic deduction from bank accounts. Instead, it highlights … Read more
State Pension Age Changes in December People approaching retirement are being urged to check their State Pension age as the Government’s phased increase from 66 to 67 continues through December 2026. The change is already underway and will continue until March 2028. For people born between certain dates in 1960 and 1961, the exact State … Read more
£490 State Pension Boost Confirmed Millions of UK State Pensioners are set to receive a higher payment from April 2027 after the Government confirmed a 3.9% increase under the Triple Lock. The full new State Pension will rise from £241.30 a week to around £250.70, adding approximately £9.40 a week. Over 52 weeks, that is … Read more