Allowances

  • LifestyleAOL

    Tory marriage tax sweetener could make you poorer

    If David Cameron thought a tax break for married couples would give them a financial boost, the Institute of Chartered Accountants (ICAEW) disagrees - very strongly. In fact, the ICAEW says many couples on low incomes claiming the Coalition's

  • NewsAOL

    New tax cap to hit better-off pensions

    How many Britons have more than £1m stashed away in their pension? Answer: a surprisingly large number. It's thought tens of thousands could be impacted by the new lifetime pension cap allowance being snipped from £1.5m to £1.25m (though the

  • BusinessAOL

    Why the pension allowance reduction doesn't matter

    The pension industry wasn't happy after the chancellor's Autumn Statement following the reduction in the personal allowance but will it really affect the average person? Prior to the chancellor's announcement, Britain's

  • PoliticsAOL

    Former minister calls for end to winter fuel payments

    Axe winter fuel payments and free TV licences for well-off pensioners. The call has been made before, but this time though it's from Baron John Patten. Many British pensioners are entitled to £300 a year in winter fuel allowances, plus a free