by Pi Accountancy | Sep 13, 2024 | Pension
State Pension Triple Lock Introduced in 2010, the Triple Lock is a government guarantee to increase the State Pension every year by whichever of three measures is the highest: 2.5% Inflation (measured by the Consumer Prices Index in September of the previous year)...
by Pi Accountancy | Sep 12, 2024 | Pension
What is Pension Credit? Pension Credit is an income-related benefit that offers extra money to help with your living costs. It’s available to those over State Pension age and is especially beneficial if you’re on a low income. Importantly, you can receive Pension...
by Pi Accountancy | Sep 11, 2024 | Pension
State Pension Increase Explained Good news first – the government have proposed raising the State Pension in April 2026. For those who receive the New Full State Pension (introduced after April 2016), the payment will increase from £221.20 to £230.05 per week. This...
by Pi Accountancy | Apr 3, 2023 | Pension, Property Landlords, Self Assessment, Taxes
A Significant Overhaul for Pensions and Retirement Saving Following the Chancellor’s Budget announcements, pensions got a significant overhaul to make retirement saving more appealing. This comes with an increase in the amount you can put into your pension each...
