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The Winter Fuel Payment is a state benefit paid once per year in England, Wales, [1] and Northern Ireland to some people old enough to have been born before a specific date. It is intended to cover the additional costs of heating over the winter months.
Each time the local temperature is less than 0 °C (32 °F) for seven consecutive days between 1 November and 31 March then a payment of £25 is made. This is in addition to the Winter Fuel Payment. [1] From 1 November 2022 Social Security Scotland has run a separate scheme, Winter Heating Payment to replace the Cold Weather Payment in Scotland ...
Some vehicles including local bus services, some farm and construction vehicles and aviation pay reduced or no fuel duty. A fuel duty rebate is available for Bus transport in the United Kingdom. In May 2008, UK fuel taxes were the highest in Europe. [21] The government revenue from fuel duties was £25.894 billion in 2009.
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Energy bill support available to millions of older people annually
The UK fiscal year ends on 5 April each year. The financial year ends on 31 March of each year. Thus, the UK budget for financial year 2021 runs from 1 April 2021 to 31 March 2022 and is often referred to as 2021–22. Historically, the budget was usually released in March, less than one month before the beginning of the new fiscal year.
Each person has an income tax personal allowance, and income up to this amount in each tax year is free of tax. Until the 2027/28 tax year, the tax-free allowance for individuals with income less than £100,000 is £12,570. [38] Any income above the personal allowance is taxed using a number of bands:
23 November 2016 [44] 13 March 2018 [45] Spring Statement 13 March 2019 [46] Rishi Sunak: 8 July 2020 Summer Statement: 24 September 2020 Winter Economy Plan: 23 March 2022 Spring Statement Kwasi Kwarteng: 23 September 2022 The Growth Plan 2022: Jeremy Hunt: 17 November 2022 Autumn Statement: 22 November 2023 [47] Autumn Statement