{"id":107541,"date":"2025-10-29T19:10:15","date_gmt":"2025-10-29T19:10:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/107541\/"},"modified":"2025-10-29T19:10:15","modified_gmt":"2025-10-29T19:10:15","slug":"hmrc-deducting-300-from-state-pensioners-bank-accounts-from-saturday","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/107541\/","title":{"rendered":"HMRC deducting \u00a3300 from state pensioners’ bank accounts from Saturday"},"content":{"rendered":"

New rules have been confirmed by the Government\"HMRCHMRC is deducting cash from some bank accounts.<\/p>\n

HMRC will soon start taking hundreds of pounds from bank accounts of state pensioners under new rules.<\/p>\n

Cash will be deducted from accounts of people who no longer qualify for Winter Fuel Payments.<\/p>\n

New eligibility rules are in place for this year, under what could be a confusing system.<\/p>\n

READ MORE: DWP Christmas Bonus payment eligibility confirmed for 2025<\/a><\/p>\n

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Winter Fuel Payments, worth up to \u00a3300, will begin arriving in bank accounts from this Saturday, November 1.<\/p>\n

All over-65s will initially get the winter allowance – but not everyone will get to keep it.<\/p>\n

This is because they are judged to be too wealthy to qualify.<\/p>\n

Those with annual incomes above \u00a335,000 aren’t eligible and will have the money claimed back by HMRC at a later date.<\/p>\n

This is something affected households will need to be aware of as the money won’t technically be theirs.<\/p>\n

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And there could be confusion about why the money has landed in their bank accounts.<\/p>\n

It was seen as the easiest way of separating those who do and don’t qualify this year.<\/p>\n

In most cases the cash will be deducted automatically through PAYE.<\/p>\n

It’s part of the new qualifying rules in place this year following criticism over how the Winter Fuel Payment scheme was run this year.<\/p>\n

All low-income seniors will be covered, while money will not be wasted by sending it to those judged not to need it.<\/p>\n

The payments are worth either \u00a3200 or \u00a3300 depending on age and are given to low-income seniors to help keep homes warm over the colder months.<\/p>\n","protected":false},"excerpt":{"rendered":"New rules have been confirmed by the GovernmentHMRC is deducting cash from some bank accounts. HMRC will soon…\n","protected":false},"author":2,"featured_media":107542,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[138,246,7209,111,139,69,2180,244,245,14193],"class_list":{"0":"post-107541","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-business","9":"tag-finance","10":"tag-hmrc","11":"tag-new-zealand","12":"tag-newzealand","13":"tag-nz","14":"tag-pension","15":"tag-personal-finance","16":"tag-personalfinance","17":"tag-your-money"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/107541","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=107541"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/107541\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/107542"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=107541"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=107541"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=107541"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}