CHECK STATE PENSION AGE
KEY HIGHLIGHTS The national state pension age for women is set to increase in 2018 – the age will be 65 years starting next year For women born between 6 April 1950, and 5 [...]
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Disability Living Allowance and Mobility Allowance
DISABILITY LIVING ALLOWANCE Disability Living Allowance (DLA) is the most important benefit available for both children and adults with a disability condition. The allowance helps the concerned [...]
What is Carer's Allowance?
CARER'S ALLOWANCE KEY HIGHLIGHTS Carer's Allowance rate for FY2017-18 is £62.70 a week An individual might be able to claim for Carer's Allowance if the following conditions [...]
Tax Policies from Labour, Conservative, and Liberal Democrat in 2017 General Election Manifestos
Jeremy Corbyn (Leader of the Labour Party), Theresa May (Leader of the Conservative Party since July 2016), and Tim Farron (Leader of the Liberal Democrats since July 2015) have dissimilar views of [...]
New rules for company losses
The 2017 Finance Bill set out the new rules for carried-forward losses for corporation tax purposes and brought in some key changes. Under the old rules, corporation tax losses carried forward could [...]
Attendance allowance
Overview Attendance allowance is available to individuals’ who are aged 65 and above and requires personal care such as washing, dressing or eating due to disability or illness. The amount is [...]
Winter Fuel allowance payment and benefits
Winter Fuel Payment A Winter Fuel payment is a tax-free payment of £100-£300 which is made during winter to help an individual pay the heating bills. This is made available to households [...]
Lifetime allowance explained
What is a lifetime allowance? A lifetime allowance is the maximum value of benefits an individual can take from all the registered pension schemes before he /she has to pay a lifetime allowance tax [...]
File or submit a confirmation statement
Overview Starting 30 June 2016, companies in the UK were required to submit a confirmation statement to Companies House. Since 30 June 2016, annual returns have been replaced by a confirmation [...]
Emergency tax and its code explained
Overview The tax code on an individual’s pay-slip reflects the amount of Income tax which is payable each month. An individual is on an emergency tax code if the pay-slip reflects either one of [...]