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
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
The UK Government, through HMRC, is now offering a significant financial boost for working parents. Over 826,000 families are being given the opportunity to claim up to £2,000 per child per year under the Tax-Free Childcare program. This support helps families manage rising childcare costs, especially ahead of the upcoming Read more
A growing number of UK pensioners are receiving significant tax refunds, with many reclaiming more than £10,000 due to overcharged tax on their pension withdrawals. According to newly released figures, some individuals were reimbursed over £100,000 in a single claim—an eye-opening statistic that underscores ongoing flaws in the current taxation 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
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
Parents or guardians of children aged 16 to 19, specifically those born between 2006 and 2009, are urged to notify HMRC by August 31 if their child is continuing in approved education or training. Doing so ensures the continuation of Child Benefit payments, a vital financial support for many families 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 Department for Work and Pensions (DWP) has released new figures showing that many people receiving Personal Independence Payment (PIP) are not getting the full financial support they deserve. According to recent statistics, 11 out of every 100 claimants (11%) are under-claiming their benefits simply because they have not informed Read more
Customers with major banks could significantly improve their finances by making just one strategic change—switching to a better-paying savings account. Many individuals overlook the opportunity to grow their money simply by choosing a high-interest savings account. While loyalty to a bank might feel comfortable, it often leads to missed earnings Read more