Tag Archive
Pensioners get nothing from 2.5% increase
Alistair Darling’s pre-Budget report statement means the basic state pension will go up by £2.40 a week even though the Retail Prices Index is in negative figures The Chancellor said: “For the first time in half a century the retail prices index has been negative for much of this year. Many benefits and tax credits... »
Scottish homecare costs rise
The cost of providng free care for the elderly in Scotland has risen by 11 per cent in the last year to a total of £358 million, with expenditure on elderly people living in their own homes up 15 per cent in the last year, and almost double what it was four years ago. The... »
Britain failing pensioners
Seven out of ten of the British public – of all ages – think that Britain isn’t doing enough for the elderly in their retirement. And three-quarters of us think there should be a substantial increase in the basic state pension. These are the key findings of a nationwide study by Club Vita*, the... »
Pensioners/Savers could get tax refund
Many pensioners who have overpaid tax on their interest from savings could get a tax refund, says HM Revenue and Customs. HMRC has launched a campaign called TaxBack, which aims to encourage pensioners who have overpaid tax on interest from savings to claim it back, and register for savings interest to be paid gross in... »
Pensioners missing out on billions
Hundreds of thousands of pensioners with small savings are in for a benefit boost of up to £8 a week thanks to new rules coming into force next week‚ but millions of older people are still missing out on financial help they are entitled to‚ says Age Concern and Help the Aged. An estimated 540‚000... »
