Financial Wellbeing

Child Benefit for people earning £50,000+

22, Sep, 2022 | Financial Wellbeing, Uncategorized

If either you or your partner has an income of more than £50,000 a year before tax then you’ll have to pay back some (or all) of your Child Benefit in the form of extra Income Tax. You and your partner each earn less than £50,000 per year Either you or your partner...

Universal Credit explained

22, Sep, 2022 | Financial Wellbeing, Uncategorized

Universal Credit is a new benefit to support you if you’re working and on a low income or you’re out of work. This page explains how Universal Credit is different from existing benefits, how much you’ll be paid and how to apply for it. What is Universal Credit? Who...

Pension information: guide to the basic facts

22, Sep, 2022 | Financial Wellbeing, Uncategorized

You might have one or more different types of pension. Understanding which you have is important because it affects the decisions you need to make as you approach retirement. What type of pension do I have? Your State Pension choices Your pension choices if you have a...