In 2025, the UK government continues a major correction exercise: compensating pensioners affected by historic underpayments through the Department for Work and Pensions (DWP). Many individuals, particularly women who retired before 2016, are now receiving back payments in some cases, totalling thousands of pounds. These DWP state pension back payments are part of a broader […]
As the UK’s tax landscape evolves, 2025 marks a significant turning point for businesses navigating Value Added Tax (VAT) obligations. HMRC’s VAT penalty points system, introduced to improve compliance and replace the previous surcharge model, is now fully operational. Understanding this system is not just a regulatory necessity it’s a financial safeguard for businesses of […]
The financial landscape in the UK has shifted significantly in recent years. With interest rates rising and tax allowances remaining static, many ordinary savers now find themselves liable to pay tax on interest they previously thought was tax-free. In 2025, HMRC’s tax savings warning serves as a crucial alert for UK taxpayers especially those earning […]
In the United Kingdom, workplace pensions are a cornerstone of retirement planning. Through automatic enrolment, employers and employees contribute to a pension pot designed to provide financial support in later life. But not everyone feels ready to contribute from their salary particularly during cost-of-living pressures. So, can you opt out of a workplace pension in […]
In times of financial uncertainty, gold often rises to prominence as a trusted asset and in the UK, that trend continues to grow. With inflation still looming and market instability a recurring theme in recent years, UK investors are increasingly turning to gold for security and long-term value. One of the leading platforms providing comprehensive […]
In April 2027, the UK government will implement significant changes to how pensions are treated for inheritance tax (IHT) purposes. Previously, unused pension funds often provided a way to pass wealth tax-free to beneficiaries. However, under the 2024 Autumn Budget reforms, these advantages are being curtailed. From April 6, 2027, many pension funds will be […]
In 2025, the UK Government is preparing to roll out one of its most substantial financial support measures yet the DWP £1,999 cost of living payment. As the cost of essential goods and services continues to rise, millions of households are struggling to make ends meet. This payment is part of the government’s broader strategy […]
In the fast-moving world of digital assets, non-fungible tokens (NFTs) have emerged as more than just a passing trend they’ve become a transformative force across industries such as art, gaming, music, and beyond. As investors, creators, and collectors search for clarity in this dynamic ecosystem, trusted information sources are essential. ecryptobit.com, a leading NFT-focused blog, […]
Starting 30 April 2025, a major change to Universal Credit rules is set to provide a financial uplift for over a million households in the UK. Introduced through the Fair Repayment Rate, this policy lowers the maximum amount that can be deducted from a claimant’s standard allowance for debt repayment from 25% down to 15%. […]
In today’s digital-first financial landscape, getting started with investing can feel overwhelming especially with so many platforms, strategies, and opinions vying for attention. For those in the UK looking to make smart financial decisions without prior experience, finding reliable, jargon-free information is crucial. This is where LessInvest.com steps in. As a dedicated investment blog site, […]
