£20,000 Personal Tax Allowance Milestone Reached as UK Government Issues Update

£20,000 Personal Tax Allowance Milestone Reached as UK Government Issues Update

The idea of a £20,000 personal tax allowance is certainly eye‑catching. For millions of workers and pensioners across the UK, the personal allowance determines how much income you can earn before paying Income Tax. So when headlines suggest a £20,000 milestone has been reached, it naturally raises questions. Has the tax‑free allowance actually risen to … Read more

Goodbye to Retiring at 67 – UK Govt Approves the New State Pension Age

Goodbye to Retiring at 67 – UK Govt Approves the New State Pension Age

For decades, many people in the UK planned their retirement around a familiar milestone — 65, then 66, and more recently 67. But that long‑standing expectation is shifting once again. With the government confirming changes to the State Pension age framework, the idea of retiring at 67 is no longer guaranteed for future generations. For … Read more

UK £450 MSC Cost of Living Payment – February 2026 Eligibility, Dates & Full Details

UK £450 MSC Cost of Living Payment – February 2026 Eligibility, Dates & Full Details

With household budgets still under pressure, news of a £450 MSC Cost of Living Payment in February 2026 has caught the attention of millions across the UK. For families balancing energy bills, food prices and rent, any extra support can make a real difference. But what exactly is the £450 payment? Who qualifies? When will … Read more

UK Banks Confirm New Withdrawal Limits for Over‑67s From 23 February

UK Banks Confirm New Withdrawal Limits for Over‑67s From 23 February

From 23 February, several UK banks are introducing updated withdrawal guidance affecting customers aged 67 and over. The move has sparked widespread discussion, particularly among pensioners who rely on regular cash withdrawals for everyday spending. While headlines may sound alarming, the reality is more measured. The changes are primarily focused on fraud prevention, safeguarding older … Read more

UK Govt Confirms Free TV Licence for Over-60s – How to Apply Under New Rules

UK Govt Confirms Free TV Licence for Over-60s – How to Apply Under New Rules

For many households across the UK, the annual TV licence fee is simply another bill to factor into the budget. At £159 per year, it may not seem overwhelming at first glance, but for pensioners living on fixed incomes, every pound matters. That’s why recent confirmation around free TV licence eligibility for older residents has … Read more