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At present, the full new state pension is worth £11,973 per year, which is just £600 less than the tax-free personal ...
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Nottinghamshire Live on MSNDWP issues update over tax-free limit for state pensioners after move to 'freeze' thresholdThe personal allowance is the amount an individual can earn before paying tax - and it's set to be frozen for a number of ...
Treasury minister James Murray provided a response. He said: "The Personal Allowance - the amount an individual can earn ...
At present, individuals can earn up to £12,570 annually without incurring income tax. Meanwhile, with this month's 4.1% ...
Department for Work and Pensions (DWP) state pension payments increased 4.1 per cent this month in line with the triple lock.
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Nottinghamshire Live on MSNDWP sending letter to 'all pensioners' in this group as they could get extra £3,900The Department for Work and Pensions (DWP) has initiated a campaign to inform pensioners that they might be entitled to an ...
It comes due to a little-understood consequence of rising pension payments under the government’s triple lock guarantee.
The state pension currently rises each April in line with the highest of 2.5%, the rise in average earnings or inflation, an arrangement known as the triple lock ...
Rebecca Lamb, external relations manager at Money Wellness, warned: "Many people understandably assume that a small rise in their pension is a good thing. But if it pushes them just over the ...
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