Each Bank Holiday, payment dates change for people on Universal Credit, PIP, State Pension and other benefits.
23.03.2022 - 18:25 / dailyrecord.co.uk
Rishi Sunak has announced that the National Insurance Contributions starting threshold will rise by £3,000 to £12,570 from July, meaning employees across the UK will keep more of what they earn before they have to start paying personal tax.
The cut, worth over £6 billion, will benefit almost 30 million working people with a typical employee saving over £330 in the year from July 1.
The Chancellor hailed it as the single biggest tax cut for a decade. He said: "Around 70 per cent of all workers will have their taxes cut by more than the amount they'll pay through the new levy."
It means that employees will now start paying National Insurance on earnings above £12,570 a year - up from a planned £9,880 a year from April 6 and will take some of the lowest earners out of paying the tax.
However, in April 2022 the Health and Social care levy comes into effect, this is a 1.25 percentage point increase on National Insurance Contributions designed to support the NHS across the UK.
The Chancellor had been under pressure to scrap the increase in the face of the rising cost of living crisis, but instead opted to soften the blow by raising the threshold at which people start paying National Insurance.
However, by lifting the threshold, Helen Morrissey, senior pensions and retirement analyst at Hargreaves Lansdown, warns that care must be taken that workers earning less than £12,570 per year do not lose access to vital National Insurance credits for their State Pension.
Helen explained: “The State Pension forms the backbone of most people’s retirement and therefore, they should ensure they do not incur gaps unnecessarily, which means they end up with less in retirement.
“Many benefits come with automatic National Insurance credits. For
Each Bank Holiday, payment dates change for people on Universal Credit, PIP, State Pension and other benefits.
A petition calling on the UK Government to increase State Pension payments to £19,760 per year, the equivalent to £380 each week, has received more than 30,000 signatures of support and is currently awaiting an official response from the Department for Work and Pensions (DWP).
Unless you’ve been living under a rock you may have heard that Victoria and David’s eldest child Brooklyn Beckham married actress Nicola Peltz over the weekend. Unsurprisingly the 27 year old made an incredibly beautiful bride, with her hair and makeup a very classic ensemble that’ll look timeless in the wedding pictures for years to come.
State Pension payments have risen by 3.1% in line with the Consumer Price Index rate of inflation in September 2021, instead of the 8% boost that would have happened if the Triple Lock policy had not been suspended due to the increase in earnings, which was deemed to be unfairly inflated by the coronavirus pandemic.
Jack White took to the field at Comerica Park in Detroit yesterday (April 8) to perform the US national anthem – you can watch his performance below.The former White Stripes frontman played an instrumental version of the anthem before the Detroit Tigers’ baseball game against the Chicago White Sox. The performance coincided with the release of his fourth solo album, ‘Fear Of The Dawn’.For the performance, White was backed by bassist Dominic Davis, keyboardist Quincy McCrary, and drummer Daru Jones – the same trio set to accompany White on his ‘Supply Chain Issues Tour’.It comes after White previously threw the ceremonial first pitch at a Tigers game against the White Sox back in 2014.You can see White’s performance below:Native Detroiter Jack White performs the national anthem on Opening Day.
Jack White is set to perform the US national anthem in his hometown for the Detroit Tigers on their opening game of the baseball season.The former White Stripes frontman will play an instrumental version before the Tigers’ match against the Chicago White Sox at Comerica Park tomorrow (April 8), the club announced.His performance of the national anthem will be White’s first at a Tigers game.It comes after White previously threw the ceremonial first pitch at a Tigers match against the White Sox back in 2014.You already know Jack White wouldn't miss Detroit's biggest party!He'll be performing the National Anthem on #OpeningDay. pic.twitter.com/Et5t3C3Ban— Detroit Tigers (@tigers) April 6, 2022Back then, he stepped out in front of fans prior to the game, throwing the ball straight to his opposite number, who was dressed as Santa Claus.White also brought the Third Man Rolling Record Store to the Detroit Tigers game and sold records to fans, at the time.The performance will come on the same day he releases his new album ‘Fear Of The Dawn’, which he has previewed recently with singles ‘Taking Me Back’, ‘Hi-De-Ho’ and ‘Queen Of The Bees’ and ahead of White’s extensive run of headline shows, dubbed ‘The Supply Chain Issue Tour’, which kicks off in Detroit tomorrow before calling at Chicago, New York, Los Angeles and other cities into May/June.White will then touch down in the UK for a two-night billing at the Eventim Apollo in Hammersmith, London (June 27/28).For his UK and European dates, he will be joined by Chubby & The Gang, Yard Act, SONS, Doctor Victor, Ko Ko Mo, Larkin Poe, Equal Idiots, and Mdou Moctar.For the North American leg, support includes The Kills, Ezra Furman, Be Your Own Pet, Natalie Bergman and many more.
National Insurance payments have increased for millions of workers across the UK today. The money raised by the 1.25 percentage point increase will be spent on the NHS, health and social care in the UK.
The Department for Work and Pensions (DWP) has launched a new campaign urging older people and their families living in Scotland or other parts of the UK, to check eligibility for Pension Credit, a benefit which could be worth more than £3,300 each year.
State Pension provides essential financial support for over 12.4 million older people across the UK, including some 981,399 Scots.
The Department for Work and Pensions (DWP) has confirmed that State Pension payments will increase by 3.1% in line with the Consumer Price Index (CPI) from Monday April 11, 2022.
Prince Harry and Meghan Markle are aware that their choice to ignore Prince Philip's memorial service would be seen as "petulant and rude", royal experts claimed.
Next year, the amount of State Pension people in the UK get paid will change.
On the climax of Kate Middleton and Prince William‘s visit to Jamaica as part of Queen Elizabeth II’s platinum jubilee, the British royals dipped into the past. Prince William, 39, and Kate, 40, attended a special military parade for service members who recently completed the Caribbean Military Academy’s Officer Training Program. Prince William and Kate dressed in white for the occasion, with the Duke of Cambridge donning his formal military uniform. Together, they stood on the back of a dark green open-top Land Rover – the spitting image of Queen Elizabeth and Prince Philip when they visited Kingston, Jamaica, in November 1953.