The Latest Breaking News from Steve Webb

Women pensioners could face marriage allowance ‘mayhem’, warns former minister

As the state pension rises, some women could be faced with an unexpected tax bill, Sir Steve Webb said.

The Independent UK · Nov 15, 2023

UK pensions warning: don’t get caught by an out-of-the-blue tax bill

State pensioners could be dragged into the tax net next year, says former minister

The Guardian - UK · Oct 21, 2023

Some pensioners ‘may have to set money aside for unexpected tax bills’

Frozen income tax thresholds combined with significant state pension rises may push more pensioners into paying tax, LCP said.

The Independent UK · Oct 20, 2023

Big change to child benefit could help thousands of parents avoid HMRC fines

People earning more than £50,000 a year and their partners will not need to fill in self-assessment tax form

The Guardian - UK · Jul 19, 2023

Savers set for £1,000 a year pension boost under plan to invest in UK start-ups

Jeremy Hunt agrees deal with UK’s leading pension providers to invest more in British start-ups

The Independent UK · Jul 10, 2023

State Pension back payments could be a ‘long process’ for 187,000 older women due average of £5,000

Mums in their 60s and 70s have been underpaid £1.3billion in State Pension due to historical Child Benefit errors.

Daily Record · Jul 10, 2023

Thousands of people to receive letter from HMRC with money owed to them

Around £1billion may be owed to people - mainly women in their 60s and 70s - after an issue affecting stay-at-home mums who made a claim for Child Benefit before May 2000.

Daily Record · Jul 7, 2023

Benefits claimants in UK were underpaid by record £3.3bn last year

National Audit Office criticises Department for Work and Pensions over its ‘material fraud and error’

The Guardian - UK · Jul 6, 2023

DWP error means state pension claimants could be owed around £5,000

HMRC will look into National Insurance records to identify as many people as they can, before the DWP will recalculate state pensions to see if people are due arrears.

Chronicle Live · Jul 6, 2023

DWP underpaid 187,000 people in huge £1billion state pension error - are you owed money?

HMRC will look at National Insurance records to identify as many people as possible, then the DWP will recalculate your state pension and check if you are due any arrears

Daily Mirror · Jul 6, 2023