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Browsing Tag

thisismoney

30 posts
PPersonal finance
Winter Fuel Payments of £300 are made automatically to pensioners who haven't opted out, with the money later 'recovered' from those who aren't eligible
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Half a million pensioners set to lose their winter fuel payments within four years

  • September 23, 2025
By HARVEY DORSET, REPORTER, THIS IS MONEY Updated: 11:45 EDT, 23 September 2025 More than 100,000 pensioners will…
PPersonal finance
Families who lost a loved one handed over £3.7billion to the taxman in just five months
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Grieving families pay £3.7bn in inheritance tax in just five months

  • September 20, 2025
Grieving families paid some £3.7billion in inheritance tax (IHT) in the first five months of the year as…
PPersonal finance
Taking financial advice, Janie says, has helped to understand understand the risks of investing, but also the benefits of doing so
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I’m worried I’ll be a burden to my children if I need care in my old age… but also want to help them onto the property ladder

  • September 19, 2025
It’s a dilemma for many across the country. Parents want to help their adult children onto the property…
PPersonal finance
Black hole: Chancellor Rachel Reeves is widely expected to launch a raid on pension savings in the November budget
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Why you must take your tax-free pension lump sum NOW if you need it, JEFF PRESTRIDGE on what savers rattled by Budget fears can do

  • September 17, 2025
Will she, won’t she cut the amount of tax-free cash that we can take from our pension pots?’…
PPersonal finance
Shortfall: Roughly 750,000 people a year hit state pension age, and an estimated 100,000 have gaps in their record and could benefit from buying top-ups
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My daughter loaned me £9,900 to boost my state pension – but I’ve been left in limbo for 18 months

  • September 17, 2025
Julie Stewart jumped at the chance when she found out she could get a larger state pension by…
PPersonal finance
Cash grab: There was a big rise in people accessing pension funds last year, FCA data shows
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Savers pulled £70bn from pension pots last year, as fears mount of further Budget tax raid

  • September 16, 2025
Figures show 36% spike in pension withdrawals amid tax rise speculation   By PATRICK TOOHER, CONSULTANT CITY EDITOR Updated:…
PPersonal finance
Inheritance tax: Pensions will be counted alongside other assets such as property, savings and investments starting from April 2027
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One in four wealthy people plan to leave pensions to family, but many are in dark about new IHT raid

  • September 16, 2025
Many savers plan to pass pension pots to loved ones but are unaware of pending inheritance tax rules…
MMobile
The City regulator has decided to scrap the current £100 limit on transactions without the need  to enter a PIN to authenticate a payment request
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This crazy new plan to ‘sex up’ contactless card payments will allow thieves to empty your bank account: JEFF PRESTRIDGE

  • September 15, 2025
Contactless card payment has been with us for 18 years. For many, myself included, it has transformed the…
MMobile
Less than half of Britons consider carrying their wallet with them an essential part of their daily routine
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Half of people don’t take a wallet out with them anymore

  • September 8, 2025
By HELEN KIRRANE, REPORTER, THIS IS MONEY Updated: 03:40 EDT, 3 September 2025 More than half of Britons…
PPersonal finance
State pension top-ups: They can give a generous boost to retirement income if you buy the correct years
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Despairing pensioner hunts for lost £3,200 state pension top-up for THREE AND A HALF years

  • September 3, 2025
A 69-year-old retired nurse whose £3,200 state pension top-up went missing for three and a half years was…
PPersonal finance
Wine's tax efficiency is driven by Britain’s secure 'bonding' system, which sees wine stored in a HMRC-approved bonded warehouse with duty and VAT deferred until it leaves
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How FINE WINE is helping farmers avoid paying Labour’s punitive inheritance tax on their estates

  • August 30, 2025
Wine merchant says customers who are farmers have jumped by 32%  By MIKE SHEEN, BUSINESS EDITOR Updated: 02:00…
EEconomy
A 74-year-old Sydney woman (pictured) revealed she is still working due to her city's high cost of living
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Boomer makes brutal confession that proves young Aussies are not the only ones suffering from the cost-of-living crisis: ‘Not loving it’

  • August 24, 2025
By ASHLEY NICKEL, NEWS REPORTER, AUSTRALIA Published: 19:36 EDT, 23 August 2025 | Updated: 20:10 EDT, 23 August…
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