The new financial year has begun, so is the payment amount of many government benefits, which will offer more support to the beneficiaries; however, there has been a rumour saying that the government is offering a cost-of-living payment for UK citizens. Many people in the UK are curious as to whether the DWP will again … Read more
The DWP is offering up to £5,000 in compensation to thousands who were affected by a Universal Credit change. The department hopes to complete the DWP Universal Credit Compensation distribution process by August 2025. Individuals just need to satisfy the eligibility requirements because there is no need to submit any application form. The DWP will … Read more
Two provision’s WEP and GPO have been repealed as a result of the Social Security Fairness Act’s implementation. This elimination also resulted in an average retroactive payment and higher social security payments. Retroactive Payments have begun from February and eligible beneficiaries will receive it by the end of March 2025. These changes will be beneficial … Read more
On Tuesday, 11 March 2025, Nationwide announced that qualifying members can expect to receive £100 because they want to repeat the Fairer Share Payment in 2025. Nationwide also hopes to confirm a Fairer Share Payment for 2025 in May, depending on financial performance. Nationwide disclosed that around 12 million qualifying members can receive £50 each … Read more
HMRC has introduced many updations in car tax rates which will impact certain vehicle owners from April 2025. The main changes include that the double cab pick up trucks with a payload of at least one tonne will be taxed as cars under BiK or capital allowance purposes. Electric vehicles will face an annual standard … Read more
The Social Security Administration increased Social Security payments by 2.5% in January 2025 due to the annual COLA adjustment. This adjustment ensures that payments match the rising cost of living and that recipients receive enough. Now, the recipients can expect another boost in the Social Security payments due to the Social Security Fairness Act becoming … Read more
The Canada Carbon Rebate is a tax-free quarterly amount, to help eligible households to offset the cost of the federal pollution pricing. The CRA normally delivers Carbon Tax Rebate payments on the 15th of April, July, October, and January. For the 2024 base year, once an individual’s 2024 income tax and benefit return is filed … Read more
The Kennedy Half Dollar coins minted in 1964 are gaining popularity and their price has been increasing. The US mint and the US treasury produce the Kennedy Half Dollar coins after President John Fitzgerald Kennedy was assassinated on 22 November 1963 in his honour. Among the valuable Kennedy Half Dollar coins, the 1966 coin is … Read more
The Royal Canadian Mint minted coins named as Penny, which was a one-cent coin, but they are quite valuable due to their minting errors and historical significance. The production of the Canadian Penny stopped in 2012, the distribution ceased in 2013, however, the coins remain popular among coin collectors. Now these Canadian Pennies are worth … Read more
Taxpayers who have filed their tax return for the 2024 tax year must have received their tax refund even if they have claimed the EITC/ACTC as the 15 February limit is passed. But if your tax refund is delayed, it can be a nightmare turn for the taxpayers. The IRS processes tax refunds generally on … Read more