The Labour Party’s new tax policy, led by Chancellor Rachel Reeves, is stirring concern among British households. Starting April 2027, unused pension pots will no longer enjoy protection from inheritance tax (IHT). This move could inflate IHT bills to six figures, even for what are traditionally considered modest estates. This Read more
The Attendance Allowance 2025 is a financial support benefit offered by the Government of the United Kingdom to people with serious disabilities or health conditions. It is designed to help cover the extra costs of care and supervision when someone’s condition is so severe that they need regular assistance. For Read more
The UK government is reportedly reconsidering a rarely used HMRC exemption that allows households to gift unlimited amounts from surplus income to family members tax‑free, provided the donor maintains their usual standard of living. As concerns mount, experts urge careful documentation and strategic planning to navigate possible changes. What Is Read more
The UK Government provides different kinds of financial support benefits to help residents who earn less and struggle with daily living expenses. Among these are Universal Credit, Income Support, and other schemes designed for low-income families. Recently, updates regarding the £144 Income Support Payment 2025 have created confusion among many Read more
The Department for Work and Pensions (DWP) has officially confirmed that from 2025, the Attendance Allowance UK will provide up to £434 per month to eligible older adults. This allowance is designed to give financial support to people who struggle with daily living due to physical or mental health conditions. Read more
Personal Independence Payment (PIP) supports individuals in the UK living with long-term health conditions or disabilities by helping with the extra daily living and mobility costs. For the 2025/26 financial year, the Department for Work and Pensions (DWP) has confirmed new, increased rates, with the maximum combination (enhanced daily living Read more
The UK government has officially announced a £1,200 Universal Credit back payment to correct past welfare miscalculations. This one-off payment marks a major step by the Department for Work and Pensions (DWP) after years of criticism over administrative mistakes during the shift from legacy benefits to Universal Credit. With arrears Read more
The Department for Work and Pensions (DWP) has unveiled a landmark welfare reform: the Universal Credit standard allowance will now rise permanently above inflation. This historic shift means millions of claimants will gain extra financial support over the coming years. Key Details at a Glance Aspect Details Permanent allowance raise Read more
In a significant welfare expansion, the Department for Work and Pensions has increased Universal Credit eligibility, extending a benefit worth £1,310 a month to an additional one million claimants. This milestone highlights growing reliance on state support amid economic challenges. Key Facts & Figures Statistic Detail Monthly payment for couples Read more
From April 6, 2025, HMRC will reclassify double-cab and extended-cab pickup trucks as company cars, dramatically raising Benefit-in-Kind (BIK) taxes, slashing capital allowances, and levying such heavy charges that many owners face a staggering 400% tax hike. At a Glance: Key Figures & Facts Category Details Affected Vehicles Double-cab and Read more