Winter fuel benefit should be means tested to meet the long-term care ‘time bomb', according to a Liberal Democrat MP.
HM Revenue and Customs (HMRC) is reminding high-earning Child Benefit recipients that they have until 6 January to decide whether to stop receiving the benefit.
Her Majesty's Revenue & Customs (HMRC) is this week to begin issuing about one million notifications to households about forthcoming changes to child benefit payments.
Deputy Prime Minister Nick Clegg has called for benefits such as free television licences, winter fuel payments and bus passes to be taken away from wealthy pensioners.
The Government is considering replacing the current practice of increasing benefits in line with inflation, according to the BBC.
Pension tax treatment is "hard to justify" and could generate the necessary revenue for long-term care reform according to research.
Just Retirement has urged property-owning pensioners to check their eligibility for state benefits as many are missing out on hundreds of pounds a year in extra income.
Millions of people will be affected by tax and benefit changes coming into force on Friday - changes Labour has labelled a "tax bombshell".
The limit at which child benefit will be scrapped for families has been increased to £50,000, Chancellor George Osborne announced today.