Category Archives: Finance News

Could you work beyond state pension age? Where people work beyond age 65 across world

From health issues to supporting loved ones with care, there’s no shortage of reasons why a person may need to retire. It may also be that they are ready to exchange their day job for a new period of life. That said, from being unable to afford to retire to enjoying one’s work, some people […]

How probate fee changes could see you pay thousands more – on top of any Inheritance Tax

It’s possible to apply for probate oneself, or by paying a solicitor or probate specialist to do so. At the time of writing, the application fee is £215 – if the value of the estate is £5,000 or more. Should the estate be under £5,000, then there’s no fee to pay. If a person opts […]

Boris Johnson urged to tear up tax code by IPSE chief: ‘It’s unsustainable!’

During his keynote speech at the Conservative Party Conference last week, Sajid Javid announced a series of new spending pledges. The Chancellor of the Exchequer’s focus was infrastructure and rural areas, with money promised for bus networks, roads, and the rollout of 5G. According to Mark Littlewood, director-general of the Institute of Economic Affairs and […]

Universal Credit & Pension Credit claimants could get £25 per week when weather turns cold

The Cold Weather Payment is a government-funded scheme which is intended to help the most vulnerable with costs towards heating. The payment will be made if the average temperature in one’s area is recorded as, or forecast to be, zero degrees celsius or below for seven days in a row. Under the scheme, eligible people […]

Inheritance Tax ‘particularly unpopular’: Minister attacks ‘fundamental unfairness’ of tax

The Secretary of State for Housing, Communities and Local Government described Inheritance Tax as “particularly unpopular” because it leaves the elderly paying tax twice – having saved up their whole lives in order to leave assets to children and grandchildren. The Conservative Party politician said it was always “perceived to be unfair”, pointing out that […]

Retirement and me: ‘Where is the justice?’ Meet the WASPI woman campaigning on wedding day

Dena Hunt, 60, was checking her state pension forecast online in order to work out how much she could get, when she realised she wouldn’t be able to retire for years longer than she’d expected. Aged 58 at the time, she had been working full-time as a networks administrator, and had thought she only had […]