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…
State pensioners face ‘grossly unfair’ HMRC letter demanding £2,500
Wealthy pensioners face £2,500 bill under a suspected income tax raid from the Labour Party Chancellor Rachel Reeves.State…
Millions of people over State Pension age to pay tax in new financial year
The annual uprating will see the full New State Pension creep closer to the £12,570 Personal Allowance threshold.…
HMRC repays £48.5million in overpaid tax as pensioners caught out by ‘outdated’ system
Pension savers have now reclaimed more than £1.5billion from HM Revenue & Customs (HMRC) after being overtaxed on…
HMRC warning over change to pension tax rules which kicked in on September 1
The taxman, now working under the Labour Party government, changed things two months back, introucing stricter rules for…
HMRC warning over change to pension tax rules which kicked in on September 1
HMRC has tweaked pension tax rules – with a change from September 1. The taxman, now working under…
Pensioners to get DWP Winter Fuel Payment in November
Millions of pensioners will be getting a payment of up to £300 from the Department for Work and…
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 will ‘automatically collect’ £300 payment from some pensioners next year
New Winter Fuel Payment rules could see pensioners repaying the benefit back to HMRC next year 10:56, 30…
Pension warning as HMRC error leaves thousands of retirees overtaxed simply for ‘accessing their own savings’
Pension savers across Britain are being routinely overtaxed when taking money from their retirement pots. Latest figures from…
Should the state pension be protected from tax? Vote now
Older Britons are preparing to receive a 4.8 per cent payment rate boost to their state pensions next…
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…