Banks exploit £2bn tax loophole in car finance scandal
UK banks and lenders set to avoid £2bn in corporation tax on compensation for the motor finance scandal. Ministers urged to close the loophole. Read the full story.
Category : Search result: pension compensation
Pension Error Forces Retiree to Repay £25,000
A retired UK civil servant must repay over £25,000 after a pension scheme miscalculation. Discover the implications for public sector retirees and how to check your pension.
Budget changes to hit millions using salary sacrifice
New HMRC figures reveal over 3 million pension savers will be impacted by salary sacrifice reforms. Discover how the £2,000 cap from 2029 affects your retirement savings.
Unlimited unfair dismissal payouts considered by Labour
Labour ministers propose scrapping the £118k cap on unfair dismissal awards to appease unions after dropping 'day one' rights. Business groups warn of a surge in costly tribunal claims.
New £2,000 salary sacrifice cap explained for UK pensions
Chancellor Rachel Reeves's budget introduces a £2,000 cap on salary sacrifice pension tax relief from 2029. Experts explain who is affected and the steps you should take now to protect your retirement savings.
Couple's £1,350 honeymoon loss after flight cancelled
A London couple's honeymoon to Thailand is in tatters after a last-minute Thai Airways flight cancellation left them £1,350 out of pocket and stranded at Heathrow Airport. Discover your passenger rights.
UK Pensioners' Guide to Benefits, Discounts & Freebies
From state pension to free prescriptions and travel discounts, discover the comprehensive list of financial help and perks available for seniors across the UK. Start saving today.
Essential UK discounts and benefits for pensioners
Discover the comprehensive guide to government benefits, travel discounts, healthcare savings, and retail perks available to UK pensioners. Start claiming what you're entitled to today.
Salary sacrifice pension cap: What you must do now
A new £2,000 limit on salary sacrifice pension tax perks is coming in 2029. Experts explain who is affected and the crucial steps to take now to protect your retirement savings.
Gender pension gap grows to 32%, report finds
The gender pension gap has widened to 32%. Scottish Widows expert Jill Henderson asks if a new, digitally-native generation of women can close it through better tools and support. Discover the data.
Labour's Pension Tax & Investment Mandate Sparks Outcry
Labour faces backlash over a £5bn tax raid on salary sacrifice pensions and new powers to mandate fund investments, with critics warning of a 'war on savers'. Read the full analysis.
Pension lesson: Why I ditched my IFA and grew my pot by £60k
A 70-year-old retiree from Belfast reveals how taking control of his pension after the 2022 mini-Budget helped him grow his savings from £185,000 to £245,000. Discover his key lessons on diversification and avoiding traditional investment pitfalls.
What to do if your suitcase doesn't arrive at the airport
Travel expert Stacey Hamilton reveals the crucial actions to take if your baggage is lost. Learn how to report it, claim compensation, and get reunited with your belongings swiftly.
State Pension Tax Exemption Creates Two-Tier System
Chancellor Rachel Reeves confirms state pension-only recipients won't pay tax this parliament, but experts warn of fairness issues for other retirees. Learn the implications.
Reeves rushes pension tax raid into law
Chancellor Rachel Reeves accelerates salary sacrifice legislation to reassure markets about tax increases. Learn how this affects your pension contributions.
Salary sacrifice cap hits ordinary earners hardest
New research shows the £2,000 salary sacrifice cap will disproportionately impact basic and higher rate taxpayers, reducing take-home pay and potentially skewing pension savings. Discover how to protect your finances.
New £2,000 Pension Cap: A 'Tax Penalty' on Savers
Rachel Reeves' Budget introduces a £2,000 salary sacrifice cap for pensions, criticised as a 'tax penalty'. Learn how this change impacts your retirement savings from April 2029.
State Pension to increase by over £550 from April
UK state pension set for £550+ annual rise under triple lock, bringing pensioners closer to income tax threshold. Discover the financial implications.
Debenhams CEO's £150m bonus scheme sparks controversy
Debenhams Group introduces £200m executive bonus scheme as sales slump 23%. CEO Dan Finley could receive £148m if share price targets are met. Read the full analysis.
Britons React to Budget 2025 Amid Cost of Living Crisis
From childcare worries to pension changes, discover how Budget 2025 impacts real families across Britain. Read their stories and see where you stand.
Budget 2025: Tax and NI Changes Explained
Analysis of how Chancellor Rachel Reeves's tax, NI and benefit measures impact single people, couples, families and pensioners across England, Wales and Northern Ireland.
Budget 2025: Salary Sacrifice Tax Raid Confirmed
Chancellor Rachel Reeves's budget imposes a £2,000 cap on salary sacrifice, risking retirement savings. Discover the impact on your pension and take-home pay.
£2,000 Cap on Salary Sacrifice Pensions Announced
Chancellor Rachel Reeves announces a £2,000 cap on tax-free salary sacrifice pension contributions from 2029. Discover how this impacts your savings and the UK's finances.
Budget 2025: Higher Taxes on Pensions, Isas and Savings
Chancellor Rachel Reeves's budget unveils a tax shake-up affecting cash Isas, pensions, and investment income. Discover how the changes could impact your finances from 2026.
2025 Budget Impact: Tax, Pensions and Energy Bills
Discover how the 2025 UK Budget affects your taxes, pension contributions and energy bills. Learn what changes mean for your household finances.
Salary Sacrifice Pension Cap: £2,000 Limit from 2029
Chancellor Rachel Reeves caps salary sacrifice pension contributions at £2,000 annually from 2029, affecting high earners and raising £4.7bn. Discover the impact on retirement savings.
Budget salary sacrifice tax raid alarms experts
Chancellor Rachel Reeves is reportedly targeting salary sacrifice schemes in the budget, a move experts warn could decimate retirement savings and increase tax bills for millions.
Rachel Reeves' 2025 Budget: Key Tax and Spending Changes
Chancellor Rachel Reeves unveils her autumn budget with property tax reforms, pension changes and new levies on electric vehicles. Discover how the Treasury plans to address the £20-30bn spending gap.
Man impersonated dead mother for pension fraud
A 56-year-old Italian man is under investigation for allegedly disguising himself as his deceased mother to claim her pension. Discover the shocking details of this benefit fraud case.
State Pension to rise by £561 in Budget
UK state pension is set for a £561 annual increase due to the triple lock, but it brings pensioners closer to the income tax threshold. Learn the details.
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