State Pension Age Rise in July for Specific Birthdays
The DWP state pension age increases to 67 from July 6, affecting those born July 6-August 5, 1960, who must wait until 66 years and 4 months, with research showing income poverty rises.
The DWP state pension age increases to 67 from July 6, affecting those born July 6-August 5, 1960, who must wait until 66 years and 4 months, with research showing income poverty rises.
Andy Burnham, expected to become PM, has six options to change the state pension triple lock, which experts call unsustainable.
The DWP is increasing the state pension age to 67, affecting Attendance Allowance, Pension Credit, and State Pension eligibility from July 2026.
Andy Burnham plans to align CGT rates with income tax, creating three new bands at 20%, 40%, and 45%, pending potential chancellor support.
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RecommendedAndy Burnham's proposed capital gains tax changes could force families to sell inherited assets like homes, warns analyst Matthew Jones.
Chancellor Rachel Reeves has announced a cut to the cash ISA allowance from £20,000 to £12,000 for under-65s from April 2027, despite her expected removal from office.
Andy Burnham, as PM-in-waiting, is urged to ditch the triple lock on state pensions. OBR forecasts £15.5bn extra spending by 2030, sparking debate on sustainability.
New inheritance tax rules from April 2027 will include pensions in estates, hitting unmarried partners and blended families with bills up to £110,000 on a £600,000 estate.
New compulsory eyesight checks and cognitive tests for drivers over 70 in England may take years to implement, as specialists explain the lengthy parliamentary approval process.
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RecommendedAndy Burnham, expected next PM, plans changes to state and private pensions, including possible triple lock reform and conditional tax relief on contributions.
The UK government plans to extend Ukrainian driving licence validity in GB by up to 24 months, affecting 30,293 drivers who exchanged licences between May 2021 and November 2025.
From October 2026, the DWP will use new 'last resort' powers to recover debt from Universal Credit, Pension Credit, and ESA by accessing bank accounts or disqualifying driving licences.
The Ministry of Justice confirms probate application fees will rise from £300 to £526 from July 13, a 75% increase, citing inflation and service improvements. Grieving families face higher costs.
From April 2027, under-65s face a £12,000 cash ISA limit and a 22% tax on interest from cash in non-cash ISAs. Over-65s retain the £20,000 limit.
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RecommendedThe DWP state pension age is rising from 66 to 67 between 2026-2028, with a further increase to 68 planned for those born after April 1977, starting in 2044.
HMRC will include most untouched pension funds in inheritance tax calculations from April 6, 2027, targeting families with substantial savings. Experts warn of major changes.
Kamran Khaliq, 45, was jailed for four years and 11 months for paying £590 for Shazad Hussain to flee to Pakistan after Hussain killed Philip Dale in a hit-and-run crash in Small Heath in 2022.
From October, courts can ban drivers with DWP debts over £1,000. Bans are suspended if repayment terms are met, with exemptions for essential driving needs.
Andy Burnham, expected to become Labour leader, plans to devolve income tax powers to local authorities across England, marking a radical shift in fiscal policy.
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RecommendedSir Keir Starmer's government confirms new DWP powers from October to deduct debts directly from bank accounts and strip driving licences from persistent fraudsters, as part of a £14.6bn savings plan.
HMRC will change tax codes for 9 million state pensioners to reclaim Winter Fuel Payments from those earning over £35,000, potentially adding extra charges.
From April 2027, unused pension pots will be subject to Inheritance Tax, potentially causing a 'double tax' hit for beneficiaries who may also pay Income Tax on withdrawals.
Families face a double tax hit on unspent pension pots and a tight six-month deadline under new HMRC inheritance tax rules from the Labour government.
The DWP is reviewing state pension age rules, potentially impacting millions born before 1978. The current age of 66 is set to rise to 67 by 2028 and 68 by 2046.
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RecommendedAndy Burnham signals reintroduction of 50p top income tax rate before end of Parliament, as Labour leadership contest looms following Starmer's resignation.
Chancellor Rachel Reeves has confirmed cash ISA rules from April 2027: the tax-free allowance for under-65s will drop to £12,000, while pensioners retain the £20,000 limit. A 22% charge on stocks and shares ISA interest is also planned.
Andy Burnham has confirmed plans to overhaul council tax bands if he becomes Prime Minister, proposing a land value tax to replace stamp duty and council tax.
Chancellor Rachel Reeves keeps frozen tax bands, meaning workers earning over £35,000 face fiscal drag and potential higher tax as salaries rise.
Andy Burnham confirms plans to raise the tax-free personal allowance to £12,570 if he becomes Prime Minister, as Sir Keir Starmer faces resignation pressure.
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RecommendedChancellor Rachel Reeves' £5bn pension raid will see a £2,000 cap on salary sacrifice schemes from 2029, affecting 2.9 million workers, with Treasury defending the move as fair.