Autumn Statement 2013: Winners & Losers

Autumn Statement 2013: Winners and Losers Today’s Autumn Statement included a wide range of measures, announcements and new policies, from changes to the State Pension and Income Tax, to school dinners and overseas property owners. But how will they affect you? Were you a winner or a loser? Read on to find out. Winners Lower earnersSmile face icon_istock George Osborne confirmed that the personal allowance, the amount you can earn before starting to pay tax, will rise to £10,000 from April 2014, ...

Autumn Statement 2012: Winners & Losers

Autumn Statement 2012: Winners and LosersToday’s Autumn Statement included a wide range of measures which will affect us all. Were you a winner or a loser? With so many announcements and changes it might be a case of ‘swings and roundabouts’. Read on though to find out if you have gained more than you have lost. Winners Low paid workers Low paid workers will particularly benefit from the increase to the Personal Allowance, which means that from April 2013 people will be able to earn £9,440 before they start to pay ...

Retirement: Pensioners fail to claim state benefits

New research has shown that many pensioners are losing out by not claiming benefits to which they are entitled. The figures from Annuity provider, Just Retirement, show that around 2.5 million pensioners are failing to claim benefits such as winter fuel payments, free bus passes, and council tax credits often because they are not aware that they qualify. Just Retirement believe that 20% of all pensioners are failing to claim any state benefits whatsoever and are therefore losing as much as £872 each year....