State pensioners warned to ‘spend money’ or face HMRC tax bill of 87%
Retirees are being urged to “spend pension savings first” – or risk a staggeringly high 87 per cent…
State pensioners urged to ‘make gift’ to avoid HMRC punishment
Older people are no longer taking all of their 25 per cent tax-free pension lump sum in one…
HMRC set to deduct £300 from state pensioners after rule change
Morning Live journalist Dan Whitworth has issued a warning over the changes.HMRC set to deduct £300 from state…
Major pension change in Budget could drive up National Insurance bills
Experts have warned there could be several pension changes as Labour Chancellor Rachel Reeves unveils her autumn Budget…
HMRC told to bring in new PAYE clawback scheme for all state pensioners
LITRG has recommended that the state pension be given its own Pay As You Earn (PAYE) scheme, so…
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 given £3,815 each with one HMRC claim | Personal Finance | Finance
You could get a huge £3,815 back from HMRC after some retirees have been temporarily shortchanged. The error…
DWP announces new way for older Brits to claim backdated State Pension | Personal Finance | Finance
The UK Government has encouraged elderly people who may be entitled to backdated State Pension payments, due to…
Labour told to introduce ‘new HMRC tax code’ for state pensioners
In a Parliamentary petition, the Labour Party government is implored to “i ntroduce new tax code for state…
HMRC issues 6-month alert to 780,000 tax payers – check if its you | Personal Finance | Finance
In just six months, self-employed workers and landlords with an income that exceeds £50,000 will have to adopt…
Rachel Reeves ‘launching tax raid on pensioners from November’
More retirees face having to pay tax under ‘unfair’ systemChancellor Rachel Reeves. Millions more pensioners face having to…
People taking money out of private or workplace pensions could be due £3,800 tax refund
More than 13,000 tax refund forms were processed between April and June. HM Revenue and Customs (HMRC) issued…