The current record-high diesel prices of nearly £2.00 a litre are driving up the cost of everyday goods like food and electronics across the UK, putting intense pressure on the government to use its multi-billion-pound VAT windfall from the recent energy crisis to offer relief. The UK state pension provides the lowest retirement income inContinue reading “Paid In, Sold Out”
Tag Archives: Retirement Income
Paid Their Dues. Tax Them No More
Pensioners should be exempt from income tax. After spending decades working, paying taxes, and contributing to society, they have already paid their fair share. The State Pension should not be treated as taxable income. It is not a benefit handed out for free, but the result of decades of National Insurance contributions made throughout aContinue reading “Paid Their Dues. Tax Them No More”
There Will Be A Delay In Retirement For 8.5 Million Workers
Almost nine million workers will be forced to wait longer for their state pension if the Government increases the retirement age to 68 in the mid-2030s. The state pension age is presently set at 66 and is in the process of increasing to 67, and it’s legislated to increase again to 68 between 2044 andContinue reading “There Will Be A Delay In Retirement For 8.5 Million Workers”
