‘Millions’ of over-55s face ‘unintended’ tax if they don’t make 1 simple money move | Personal Finance | Finance
Millions of Brits are at risk of unexpected bills as they have not completed one simple task. Experts…
HMRC to start deducting £33 a month from millions of state pensioners
Journalist Dan Whitworth has warned the taxman is poised to deduct £600 from state pensionersHMRC to start deducting…
HMRC set to punish 77,000 state pensioners with 62% tax rate
A so-called cliff edge quirk and frozen thresholds are set to punish thousands more older taxpayers.HMRC set to…
Rachel Reeves prepares raid on pension tax perks
Rachel Reeves is reportedly preparing to target tax breaks on pension contributions in the Autumn Budget — a…
Tax department issues rules for pensioners who must pay £300 Winter Fuel Payment back
Pensioners with a taxable income over £35,000 will have the payment clawed back in one of two waysNot…
HMRC deducting £300 from state pensioners’ bank accounts from Saturday
New rules have been confirmed by the GovernmentHMRC is deducting cash from some bank accounts. HMRC will soon…
Inheritance tax rakes in £4.4bn for HMRC as ‘record-breaking’ raid hits families before Rachel Reeves changes
HM Revenue and Customs (HMRC) data reveals inheritance tax (IHT) collections reached £4.4billion between April and September ahead…
UK Government urged to increase Personal Allowance to prevent pensioners paying tax
The annual uprating in April will see the full New State Pension creep closer to the £12,570 Personal…
State pensioners face payment ‘deduction’ from HMRC starting on Wednesday
The “qualifying week” for the Winter Fuel Payment begins TOMORROW – meaning state pensioners face being stung by…
New call for £25,140 personal tax allowance for every person over State Pension age
An online petition proposes introducing a new tax code for pensioners. 11:03, 08 Oct 2025Updated 11:04, 08 Oct…
HMRC set to punish anyone under age 60 who breaks cash withdrawal rule
Savers face hefty charges outside first-home or retirement withdrawals under current Labour Party and HMRC rules.HMRC set to…
Rachel Reeves ‘must rule out pensions raid in the Budget to avoid lump-sum frenzy’, experts warn
The Chancellor must rule out a pensions raid in the Budget as she faces a re-run of last…