Business & Finance
State pension alert as claimants 'edging closer' to HMRC tax liability
State pension alert as claimants 'edging closer' to HMRC tax liability The qualifying rules for the state pension are currently changing A major tax reform is set to be implemented shortly, impacting state pensioners. The key policy change will change the tax burden for certain pensioners. Labour announced in the Autumn Budget 2025 that it would change the tax allowance rules so that those receiving only the state pension without additional increments would be exempt from income tax.
Tax alert for 3.5m UK couples that could be claiming £252 from HMRC
Tax alert for 3.5m UK couples that could be claiming £252 from HMRC Millions of people could be missing out More than 3.5 million unmarried couples living together are being cautioned that they could be missing out on valuable tax benefits and legal protections worth hundreds of pounds annually. The warning follows Government proposals to bolster the rights of cohabiting couples, prompting financial specialists to encourage unmarried partners to reassess their finances. According to NFU...
More than 100,000 cockroaches worth $200,000 seized from NSW breeder in record-breaking bust
The invertebrates were likely destined for the pet trade, including as reptile foodMore than 100,000 live, exotic cockroaches have been seized from a commercial breeder in New South Wales in a record-breaking bust linked to the pet trade. Biosecurity officials seized the animals, which have a commercial value of up to $200,000, from a commercial breeder in Bathurst in the state’s central west this week.
Breaking: Australia's economy growing at 2.5 per cent annually as slowdown begins
Australia's economy growing at 2.5 per cent annually as slowdown begins Wed 3 Jun 2026 at 11:42am Australia's economy grew at an annual rate of 2.5 per cent in the March quarter, the same as in the previous quarter. But on a quarterly basis, the economy grew by just 0.3 per cent, which was much weaker than the 0.9 per cent recorded in the previous quarter. The slowdown in the quarterly rate of growth coincided with the Reserve Bank's decision to lift interest rates in February and March.
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New £268,275 cash alert for UK pension savers
New £268,275 cash alert for UK pension savers There are several widespread misconceptions about the rules for taking tax-free cash from pensions that could prompt savers to make the wrong decisions with their retirement savings Millions of employees could be making serious errors with one of the most valuable benefits of pension saving. Experts caution that confusion surrounding the regulations on pension tax-free cash is causing some savers to make hasty decisions that could leave them...
Many Americans now need $20,000 in an emergency savings fund. Yes, really.
The old rules of thumb are broken — here is why a three-month cash buffer is ‘almost dangerous’
'Stumbling block' charge alert after new Nationwide update
'Stumbling block' charge alert after new Nationwide update One expert said some people should be exempt from the charge Stamp duty is another reason for stuttering house price growth, experts have said, as house prices fell for the first time in 2026 last month. House price growth contracted by 0.6% in May, according to Nationwide in its new update this week, as higher interest rates and energy prices caused by the conflict in Iran finally fed through into the figures, dragging the annual...
UK savers '£3,000' HMRC tax alert for Brits to know
UK savers '£3,000' HMRC tax alert for Brits to know Pension savers are being warned about the risks of making costly errors Millions of pension savers risk surrendering thousands of pounds to tax unnecessarily as confusion surrounding retirement income choices leaves many exposed to expensive errors. Only 42% of adults claim they have a clear grasp of the options available when withdrawing money from their pension. Even amongst those aged over 55, the proportion rises marginally to 45%,...
Breaking: Boag's to cease beer production in Tasmania
Boag's to cease beer production in Tasmania as it completes move to mainland Tue 2 Jun 2026 at 10:39am Iconic northern Tasmanian brewer James Boag's has announced it will cease production in the state by November. Parent company Lion Australia had previously shifted production to the mainland for Boag's products sold in those states, but kept brewing in Tasmania for local supply.
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