Posts Tagged ‘new taxPension credit’

Pensioners will benefit from the basic state pension rising by 5%, based on the retail prices index (RPI) from last September. RPI is currently zero. The news is not as good for those earning over £40,000, with the amount of earnings on which national insurance is payable at 11% rising by £3,475. It is unusual for the Budget to be delivered after this date. Full story