View Image
State pensioners could benefit from a huge boost - thanks to a HMRC rule. The Labour Party tax arm's rule could mean a boost for people who are claiming the Department for Work and Pensions, or DWP, State Pension.
Nearly 13 million people across the UK are of State Pension age and receiving weekly payments of up to £230.25 each week. Those reaching the official age of retirement - currently 66 but set to start rising to 67 between 2026 and 2028 - can stop working and claim their State Pension, defer claiming it or continue working and also claim it.
Deferring can boost annual State Pension payments by over £600 each year. And many older workers may not be aware that from the age of 66, they do not need to pay National Insurance Contributions (NICs) through their salary.

Birminghalm Mail

The Daily Record
Birmingham Live News
Raw Story