Payments of up to £600 are landing directly in the bank accounts of around 11.5 million UK pensioners for the … Continue reading Up to £600 winter support for pensioners
Up to £600 winter support for pensioners
Category: Cost of Living
NI reduction bill presented
Following the Autumn Statement 2023 held on Wednesday 22nd November, As promised by Chancellor, the government have laid a bill … Continue reading NI reduction bill presented
National Insurance rates cut by 2 percent
As part of the Autumn Statement, the Chancellor of the Exchequer Jeremy Hunt has announced a shock mid year change … Continue reading National Insurance rates cut by 2 percent
Largest ever increase to minimum wage
(c) PAYadvice Ltd The Government has announced Tuesday 21st November 2023 its acceptance of the Low Pay Commission’s recommendations on … Continue reading Largest ever increase to minimum wage
Record wage boost for nearly 3 million workers – April 2024
Biggest ever increase to the National Living Wage, worth over £1,800 a year for a full-time worker… Since 2010 the … Continue reading Record wage boost for nearly 3 million workers – April 2024
Marriage Allowance: find out if you could be better off in just 30 seconds
Couples who are married or in a civil partnership are being urged by HM Revenue and Customs (HMRC) to spend … Continue reading Marriage Allowance: find out if you could be better off in just 30 seconds
‘End the scourge of insecure work’ – TUC
In a TUC blog and news article by Anjum Klair for the Trades Union Congress (TUC) - BME women far … Continue reading ‘End the scourge of insecure work’ – TUC
£146 million in bonus payments for Help to Save
HMRC encourages sign up to Help to Save, the government savings scheme, after revealing savers shared £146 million in bonus … Continue reading £146 million in bonus payments for Help to Save
Real Living Wage increases to £12 in UK and £13.15 in London
10% increase in the real Living Wage as cost of living continues to hit low paid workers the hardest Over 460,000 … Continue reading Real Living Wage increases to £12 in UK and £13.15 in London
Commuting costs reduced – Bus fares in rural England drop 11% thanks to £2 fare cap
The £2 fare cap has cut travel costs, especially in rural areas, where buses are vital for people to get … Continue reading Commuting costs reduced – Bus fares in rural England drop 11% thanks to £2 fare cap
Cost of Living payment dates
Millions of households across the UK will receive £300 directly from the Department for Work and Pensions (DWP) between 31st … Continue reading Cost of Living payment dates
Young people urged to ‘claim their cash’
Hundreds of thousands of young adults could have an average of £2,000 waiting for them in their unclaimed Child Trust … Continue reading Young people urged to ‘claim their cash’
Tax Credits are ending
Tax credits are coming to an end, and most people will need to apply for Universal Credit instead. You won’t … Continue reading Tax Credits are ending
100 UK Employers Commit to Tackle Insecure Work
Living Hours scheme marks 100 sign-ups as inflation continues to soar 100 UK employers have now committed to provide secure … Continue reading 100 UK Employers Commit to Tackle Insecure Work
Flexibility for who? Variable shift work not so convenient for employees!
Six Million Face Cost of Living Crisis in Insecure Jobs, with Health and Social Care Workers Worst Affected More than … Continue reading Flexibility for who? Variable shift work not so convenient for employees!
Free legal advice for people facing eviction or repossession
A government-backed scheme provides free legal advice to help 38,000 people a year at risk of losing their home launches … Continue reading Free legal advice for people facing eviction or repossession
Chancellor Jeremy Hunt’s Mansion House speech
Chancellor of the Exchequer delivers his first Mansion House speech on the evening of Monday 10th July 2023. My Lord … Continue reading Chancellor Jeremy Hunt’s Mansion House speech
Bus fare ‘Get around for £2′ extended until 31 October 2023
The offer will be available for single bus tickets on over 5,000 routes in England (outside London), helping passengers save … Continue reading Bus fare ‘Get around for £2′ extended until 31 October 2023
Support measures for mortgage holders
An increasing number of homeowners will be worried about rising interest rates & the impact on mortgages. Chancellor Jeremy Hunt … Continue reading Support measures for mortgage holders
202 Employers shamed for underpaying minimum wage
202 businesses have been named by DBT for failing to pay the minimum wage to lowest paid workers. These employers … Continue reading 202 Employers shamed for underpaying minimum wage
Help to Save extended to April 2025
Please share this message with your networks, to help raise awareness of the Help to Save scheme with those who … Continue reading Help to Save extended to April 2025
Don’t miss out on a tax refund for work expenses
Thousands of taxpayers are claiming tax refunds for work-related expenses and HMRC is reminding them that they can claim directly. … Continue reading Don’t miss out on a tax refund for work expenses
Pay rises and the impacts on Maternity – the curse of Alabaster
Pay increases to meet the cost of living crisis and the rise in National set Minimum pay. With current level … Continue reading Pay rises and the impacts on Maternity – the curse of Alabaster
Tax credits – 1.5 million renewal packs
HM Revenue and Customs (HMRC) is to issue 1.5 million annual tax credits renewal packs for the 2023 to 2024 … Continue reading Tax credits – 1.5 million renewal packs
Cost of Living Payments 2023 to 2024
Getting extra payments to help with the cost of living if you’re entitled to certain benefits or tax credits. You … Continue reading Cost of Living Payments 2023 to 2024
‘Hop Around for £2’ bus fare cap extended until end of June 2023
Government invests £75 million to provide discounted bus travel for another 3 months across 5,000+ routes from over 140 bus … Continue reading ‘Hop Around for £2’ bus fare cap extended until end of June 2023
National Minimum Wage Rise 1st April 2023
For pay periods starting on or after Saturday 1st April 2023, the National Living Wage and Nation Minimum Wage are … Continue reading National Minimum Wage Rise 1st April 2023
Cost of living impacts
Borrowing and saving On 23rd March 2023, the Bank of England increased the Bank Rate by 0.25 percentage points, to … Continue reading Cost of living impacts
When can you claim your free childcare?
At the Spring Budget Jeremy Hunt announced 30hrs of free childcare for children aged 9 months - 4 years for … Continue reading When can you claim your free childcare?
Drive to help workers on Universal Credit boost prospects
UniversalCredit claimants in work across Great Britain can now benefit from extra support to help secure promotions and higher wages … Continue reading Drive to help workers on Universal Credit boost prospects
Spring Budget 2023 – energy support extended 3 months
Millions of households will get more support with high energy bills to help ease the cost of living, the Chancellor … Continue reading Spring Budget 2023 – energy support extended 3 months
Spring Budget 2023
The Chancellor of the Exchequer presented his Spring Budget 2023 to Parliament on Wednesday 15th March 2023. For the full … Continue reading Spring Budget 2023
HMRC revise reporting obligations on pay advances
HM Revenue and Customs has, as part of the February 2023 Employer Bulletin, confirmed a concession on PAYE responsibilities for … Continue reading HMRC revise reporting obligations on pay advances
New Chair of the Money and Pensions Service
The Department for Work and Pensions (DWP) has announced the appointment of Sara Weller CBE as the new permanent Chair … Continue reading New Chair of the Money and Pensions Service
Boost your childcare budget this half term
Families looking for childcare places during February half term could be missing out on a government top-up to help pay … Continue reading Boost your childcare budget this half term
Chancellor Jeremy Hunt’s speech at Bloomberg
In his speech Friday 27th January 2023, Chancellor Jeremy Hunt set out his vision for long-term prosperity in the UK. … Continue reading Chancellor Jeremy Hunt’s speech at Bloomberg
Cost of living boost for students
Financial package to help students with living costs and a further freeze on tuition fees. Students in need are to … Continue reading Cost of living boost for students
Take the bus – Get around for £2
millions across England can travel by bus for £2 due to a £60 million government fund to bring down the … Continue reading Take the bus – Get around for £2
Plan to build an innovative economy
Prime Minister Rishi Sunak's plan to build an innovative economy delivering more jobs and higher pay. In the short time … Continue reading Plan to build an innovative economy
Get Around for £2 by bus
New scheme to help passengers save on bus fares launched across over 130 bus operators. millions of people across England … Continue reading Get Around for £2 by bus
Cost of living – Mortgage lenders’ commitments to borrowers
The Chancellor met with major lenders, Martin Lewis, and the FCA to discuss how lenders can support those who may … Continue reading Cost of living – Mortgage lenders’ commitments to borrowers
Significant minimum pay rise may impact employer reward strategies
Employers may need to review their reward strategies! With the proposal of the Low Pay Commission (LPC) for a significant … Continue reading Significant minimum pay rise may impact employer reward strategies
Autumn Statement 2022
Dear PAYadvice.UK, The Chancellor of the Exchequer, the Rt Hon Jeremy Hunt MP, made his Autumn Statement speech. The Chancellor … Continue reading Autumn Statement 2022
National Minimum and Living Wage rise for April 2023
The government states it is committed to ending low pay. From 1st April 2023, the National Living Wage (NLW) will … Continue reading National Minimum and Living Wage rise for April 2023
Time’s up for rogue landlords
Government toughen inspection of failing landlords and improve support for residents in supported housing. Rogue landlords who exploit the supported … Continue reading Time’s up for rogue landlords
19 million plus households have received council tax rebates
The government is extending the deadline for claims as over 99% of households receive the payment. 99% of eligible households … Continue reading 19 million plus households have received council tax rebates
Free legal advice pilot helping people facing financial difficulties
Around 20,000 people facing debt difficulties will be invited to receive free early-stage legal advice through a new pilot launched … Continue reading Free legal advice pilot helping people facing financial difficulties
Families claiming tax credits to receive second Cost of Living Payment from 23rd November 2022
Tax credits only customers will receive their second Cost of Living payment from 23rd November 2022. More than one million … Continue reading Families claiming tax credits to receive second Cost of Living Payment from 23rd November 2022
Chancellor Statement – 17th October 2022
Speech to the House of Commons as delivered by Chancellor Jeremy Hunt. Mr Speaker, The central responsibility of any government … Continue reading Chancellor Statement – 17th October 2022
Chancellor brings forward further Medium-Term Fiscal Plan measures
The Chancellor of The Exchequer Jeremy Hunt has, Monday 17th October 2022, brought forward a number of measures from 31st … Continue reading Chancellor brings forward further Medium-Term Fiscal Plan measures
New Chancellor and Secretary to the Treasury appointed
King Charles III has been pleased to approve the following appointments: Rt Hon Jeremy Hunt MP as Chancellor of the … Continue reading New Chancellor and Secretary to the Treasury appointed
Chancellor accepts request to stand aside
Friday 14th October 2022 saw one of the shortest service Chancellor of the Exchequer as Kwasi Kwarteng stands aside at … Continue reading Chancellor accepts request to stand aside
Teenagers missing out on a stash of cash
Teenagers could have an average of £2,100 in their Child Trust Fund savings account waiting to be claimed. HM Revenue … Continue reading Teenagers missing out on a stash of cash
Over eight million households to receive second Cost of Living Payment from 8th November 2022
The £324 Cost of Living Payment, which follows on from a £326 payment made from July, is part of £1,200 … Continue reading Over eight million households to receive second Cost of Living Payment from 8th November 2022
Additional Rate tax update
The Chancellor confirmed an update to plans for the Additional Rate tax on the morning of 3rd October 2022. “From … Continue reading Additional Rate tax update
Payroll 2022-23: November changes to NICs
The following has been provided by the HMRC Software Developer Support Team (SDST):- Dear Developer, On 22 September the Government … Continue reading Payroll 2022-23: November changes to NICs
£150 Disability Cost of Living Payments begin
Six million people who are paid certain disability benefits will begin to receive a one-off payment of £150 from Tuesday … Continue reading £150 Disability Cost of Living Payments begin
Who is Kwasi Kwarteng?
Chancellor of the Exchequer - The Rt Hon Kwasi Kwarteng MP It is increasingly looking as if the government will … Continue reading Who is Kwasi Kwarteng?
Mini-budget imminent
Following the state funeral on Monday 19th September 2022, the government are expected to hold a fiscal event or mini … Continue reading Mini-budget imminent
Approved Mileage Allowance Payments error
HMRC’s Income Tax Policy Team has indicated that over the last 6 months, both HMRC & HM Treasury have received … Continue reading Approved Mileage Allowance Payments error
Uprated real Living Wage rate imminent
The Living Wage Foundation has brought forward the announcement of the new Living Wage Rates (and London Living Wage rate … Continue reading Uprated real Living Wage rate imminent
Over 16 million households receive cost of living council tax rebate
Around 90% of eligible households have received the government’s £150 council tax rebate to help with the cost of living. … Continue reading Over 16 million households receive cost of living council tax rebate
Preparing for the 3rd National Insurance payroll change!
With the resignation of Boris Johnson and the ongoing election of a new Prime Minister with announcements to be made … Continue reading Preparing for the 3rd National Insurance payroll change!
Rent cap on social housing to protect millions of tenants from rising cost of living
Under the proposals being consulted on, a cap on social housing rent increases would be put in place for the … Continue reading Rent cap on social housing to protect millions of tenants from rising cost of living
TUC calls on ministers to get pay rising, as real wages fall again
Commenting on the labour market figures published by the ONS, which show real wages falling by 4.1 per cent (on … Continue reading TUC calls on ministers to get pay rising, as real wages fall again
Customer survey ranks banks amid cost of living crisis
A survey of thousands of individuals and small businesses shows how well banks are looking after their customers as people … Continue reading Customer survey ranks banks amid cost of living crisis
Cheaper broadband for struggling families
Broadband bills could be cut for millions of low-income households under plans to encourage social tariffs. New system allows customers … Continue reading Cheaper broadband for struggling families
£400 energy bills discount this winter
The UK government sets out further details of the Energy Bills Support Scheme. Households to start receiving £400 off their … Continue reading £400 energy bills discount this winter
Rises to teachers’ salaries
Teachers are to benefit from pay increases of between 5% and 8.9% from September 2022, as the government has accepted … Continue reading Rises to teachers’ salaries
1.2 million low earners to see boost in take-home pay
Low earners who save through a Net Pay Arrangement (NPA) pension will get the same level of government top-up as … Continue reading 1.2 million low earners to see boost in take-home pay
More than 33,600 tax credits customers use HMRC app to renew
More than 33,600 have successfully used the HMRC app to renew their tax credits claim so far this year, a … Continue reading More than 33,600 tax credits customers use HMRC app to renew
One in four families get first government Cost of Living Payment
Almost one in four families across England, Wales, Scotland and Northern Ireland will get £326 sent directly to them, with … Continue reading One in four families get first government Cost of Living Payment