Pensioners issued 15-day warning over changes to tax details
You can pay too much tax if your details with HMRC are incorrect HMRC has explained the tax…
HMRC issues ‘think twice’ warning to anyone thinking of accessing pension pot early
Accessing your private pension pot early could be classed as tax avoidance, HMRC has warned The government department…
HMRC launches investigation into bereaved families over underpayments
HM Revenue and Customs (HMRC) has dramatically stepped up its scrutiny of bereaved families suspected of underpaying inheritance…
Pension tax raid from Rachel Reeves to see ‘millions on modest incomes lose out’ under salary sacrifice reform
Analysis from the Office for Budget Responsibility (OBR) suggests that pension salary sacrifice reforms announced in last year’s…
HMRC explains four times pensioners must repay their DWP Winter Fuel Payment
Pensioners who received the Winter Fuel Payment may need to repay the money in four specific circumstances Some…
Thousands face inheritance tax crackdown as HMRC collects £246million in underpayments
Tax authorities clawed back £246million in unpaid inheritance tax last year following approximately 4,000 compliance investigations, according to…
HMRC private pension warning as Brits urged to ‘think twice’
HMRC has warned people to be wary of pension withdrawals The tax authority issued an alert via a…
HMRC ‘sorry’ as it fixes huge state pension error affecting nearly 1 million people
HMRC has apologised after fixing a major error with its state pension forecast tool that affected hundreds of…
State pension error fixed as HMRC says ‘sorry’ to 800,000 Britons at risk of payment shortfall
A major state pension payment error impacting 800,000 Britons has been fixed with HM Revenue and Customs (HMRC)…
800,000 Britons at risk of payment shortfall due to ‘misleading’ HMRC information
Up to 800,000 workers could face an unwelcome shock upon reaching retirement age after the Government’s state pension…
‘Even modest households are owing’
HM Revenue and Customs (HMRC) recovered an additional £246million in unpaid inheritance tax during the last financial year…
HMRC Personal Allowance update: Millions of pensioners spared State Pension tax
UK pensioners have welcomed clarity on HMRC personal allowance rules, after the government confirmed that retirees whose only…