HMRC Overcharged Pensioners Millions in State Pension Tax Error
HMRC may have overcharged millions of pensioners up to £365m over nine years due to miscalculating state pension income for tax purposes, prompting demands for ministerial action.
Category : Banking
HMRC Apologises for State Pension Overcharging Error
HMRC has apologised for overtaxing millions of pensioners due to incorrect state pension income calculations, with overcharges potentially reaching £365 million over nine years.
Creamfields Dealer Jailed Over Drug Stash
Peter Patterson, 23, caught at Creamfields with 100 snap bags of ecstasy and ketamine, sentenced to 3 years suspended, 200 hours unpaid work.
HMRC Overcharged Pensioners £365M Over Pension Errors
HMRC may have overcharged millions of pensioners up to £365 million over nine years due to incorrect state pension calculations, sparking calls for ministerial intervention.
Burnham Leads Labour Leadership Race
Andy Burnham is the overwhelming favourite to become next Labour leader and PM, with odds of 1/100. Wes Streeting ruled out running. Ladbrokes says no one will stand in Burnham's way.
£3,000 tax rule parents must know for gifting deposits
Consumer group Which? warns parents about a £3,000 annual gifting allowance that can reduce inheritance tax when helping children buy a home. Gifts over this may be taxed if donor dies within seven years.
Brits waste £238 annually on skincare products they rarely use
The average adult spends over £238 a year on skincare, yet one in five own products they rarely use, with impulse buying and forgotten items filling cabinets.
Brits Spend £238 Yearly on Skincare Without Knowing What Products Do
A poll of 2,000 adults reveals the average Brit spends £238 annually on skincare but lacks understanding of product purposes and ingredients, with Millennials spending the most.
Dame Jilly Cooper's £9M Will Shared Among Three Children
Dame Jilly Cooper left a gross estate of £9,070,307 in her will, with £8,557,118 net divided equally between her children Felix, Emily, and stepdaughter Laura.
Grandparents Boost State Pension with Childcare Credits
Over 202,000 grandparents have applied for Specified Adult Childcare Credits since 2016, with 79% approved, helping boost State Pension entitlements. Claims can be backdated to April 2011.
Maarten Martens in Hearts manager talks, timeline set
Former Belgium international Maarten Martens has held talks with Hearts for the manager's job, with the club aiming to appoint Derek McInnes' successor before pre-season starts Thursday.
Thisbank Launches As Human First Digital Bank With Savings Boost
New digital bank thisbank launches in UK with competitive savings rates and human-focused customer service via phone support.
Lineker Trails BBC in World Cup Viewership
Gary Lineker's The Rest Is Football podcast lags behind BBC's Football Daily with 100k-140k daily streams vs nearly 250k, as BBC's remote Salford studio outperforms expectations.
Plum Cash ISA Rate Hits 4.42% – Market Leading with Catch
Fintech firm Plum offers a market-leading 4.42% AER cash ISA, but the rate includes a 12-month bonus and is only for new customers. Moneyfacts calls it 'excellent' but warns savers to review after bonus expires.
UK Households Urged to Check Drawers for £330m Gift Cards
Retailers call on households to find £330m in unused gift cards. M&S and John Lewis account for £336m in outstanding balances, with tips to check expiry dates and inboxes.
Andy Burnham PM: Impact on Your Money from Taxes to Pensions
Andy Burnham launches PM bid after Starmer's resignation. Potential policies include revisiting tax allowances, state pension triple lock, benefits cuts, and nationalising key services.
Gen Z Pay Boost: Late 1990s-2000s Outearn Millennials
Workers born in the late 1990s and early 2000s earn 12% more at age 24 than millennials, the highest for any cohort since the 1950s, but risks from inflation and NEETs loom.
HMRC Overtaxed Pensioners for 10 Years: Check Tax Bill
HMRC has been overtaxing pensioners for a decade due to a calculation error, affecting 8.7 million people. Average overcharge is £5, totaling £43.5 million. Refunds are being processed.
State Pension Boost for Grandparents via Childcare Credits
Over 200,000 applications for Specified Adult Childcare Credits have been made since 2016, with 79% approved, helping grandparents boost state pensions while providing childcare.
HMRC Warns Families Could Lose £1,407 Child Benefit by Aug 31
Parents with children aged 16-19 in education must extend child benefit claims by August 31 or risk losing up to £1,406.60 per year, warns HMRC.
Claim Child Benefit to Boost Your State Pension
Claiming Child Benefit from HMRC can automatically boost your State Pension through National Insurance credits. Parents of children under 16 or under 20 in education can get credits to fill gaps in their NI record.
HMRC £600m Childcare: Check If You're Eligible Now
HMRC has allocated nearly £600 million for Tax-Free Childcare, helping over 868,000 families save up to £2,000 per child annually. Check eligibility now.
Keir Starmer Resigns as PM in Tearful Address
Keir Starmer has resigned as Prime Minister, admitting he is not best placed to lead Labour into the next election, in a tearful Downing Street speech.
DWP Confirms Winter Fuel Payment Dates and Amounts 2026/27
The DWP has confirmed Winter Fuel Payments of £100 to £300 will be issued to pensioners born before June 28, 1960, in November or December 2026, with eligibility based on the qualifying week of September 21-27.
2026 World Cup Betting Offers, Odds & Tips: June 22
Get the best World Cup betting offers, price boosts, match odds, and predictions for June 22 games including Argentina vs Austria and France vs Iraq.
Blames YMCA Neighbors for Drug Messages, Jailed Three Years
Leighton Burgess, 38, was sentenced to three years for supplying cocaine, Valium, and pregabalin. He blamed YMCA residents for incriminating texts but had a £600/month crack habit and 45 prior offences.
Fury as Thousands of Brits Claim PIP Benefits in Europe
Over 2,200 British expats in Spain, France, Italy, and Portugal claim PIP benefits, sparking outrage. Former minister calls for review as DWP defends system.
UK Markets Muted as Starmer Nears Possible Resignation
Sterling hit a two-month low as markets largely priced in PM Keir Starmer's possible resignation, with FTSE 100 recovering early losses and gilt yields stable.
State Pension Tax Relief Confirmed for 2027-28
Pensions Minister Torsten Bell confirmed legislation will ensure pensioners whose only income is the State Pension won't pay small tax bills from 2027-28, addressing concerns over frozen Personal Allowance.
New Online Way for Pensioners to Claim Attendance Allowance
More than 1.7 million pensioners now receive Attendance Allowance, with a new online application process available on GOV.UK. Payments are £76.70 or £114.60 weekly.
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