The Canada Revenue Agency (CRA) has officially approved a one-time, tax-free payment of $250 to eligible working individuals across the country. This rebate, called the Working Canadians Rebate, is part of the government’s strategy to counter inflation and ease the burden of rising living costs. The payment will be issued on May 11, 2025, without … Read more
The Canada Revenue Agency (CRA) has authorized a one-time tax-free $250 rebate to be delivered on May 11, 2025. This payment targets low- and moderate-income working individuals and families across the country, offering financial relief as the cost of living continues to climb. This rebate stands apart from existing benefit programs and does not require … Read more
The Canadian government has announced a one-time GST Relief Payment scheduled for May 2025. This payment is intended to assist low-income working individuals and families in coping with the rising cost of living. It is a supplement to the regular GST/HST credit and does not require a separate application. Eligibility is based on the 2023 … Read more
The UK government has confirmed a new £450 Cost of Living Payment set to be distributed in May 2025. This one-off support is part of the government’s ongoing effort to assist households with rising living costs. It targets low-income individuals and families receiving means-tested benefits. The payment will be issued automatically—there’s no need to apply. … Read more
The UK government has implemented a rent boost for Universal Credit recipients in 2025, aiming to alleviate the financial strain caused by rising housing costs. This initiative involves adjustments to the Local Housing Allowance (LHA) rates, which determine the housing cost support within Universal Credit. The changes are designed to provide increased assistance to low-income … Read more
Credit One Bank is currently facing a class action lawsuit over alleged deceptive practices, including unauthorized express payment fees and misleading customer service representations. While no final settlement has been approved as of May 2025, affected customers may be eligible for compensation if the court rules in favor of the plaintiffs. This guide provides detailed … Read more
The Social Security System (SSS) has launched the MySSS Pension Booster program in 2025 to help members grow their retirement savings. It includes both mandatory and voluntary components and is designed to deliver higher earnings compared to traditional savings. The program is open to all SSS members, including employees, self-employed individuals, voluntary members, and overseas … Read more
New Zealand’s government has confirmed an increase in NZ Superannuation payments effective from 1 April 2025. This adjustment reflects the annual cost-of-living review and aims to support retirees amid rising living expenses. Below is a detailed summary of the updated rates, eligibility criteria, and the payment schedule for May 2025. NZ Superannuation Increase Confirmed for … Read more
Singaporeans turning 55 often look forward to tapping into their Central Provident Fund (CPF) savings. For the first time, the government is stepping in with a one-time payment of $1,800 for eligible first-time CPF withdrawers. This move aims to offer additional financial support and encourage more citizens to take advantage of the CPF system. Here’s … Read more
Starting 20 March 2025, the Australian government implemented a significant increase to the Age Pension, providing a welcome financial boost to more than two million retirees. This change is part of a biannual indexation routine aimed at ensuring pension payments keep pace with inflation and the rising cost of living. The increase reflects updated economic … Read more