{"id":251704,"date":"2025-11-08T18:21:11","date_gmt":"2025-11-08T18:21:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/251704\/"},"modified":"2025-11-08T18:21:11","modified_gmt":"2025-11-08T18:21:11","slug":"hmrc-confirms-the-state-pensioners-who-will-have-300-deducted-from-bank-accounts","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/251704\/","title":{"rendered":"HMRC confirms the state pensioners who will have \u00a3300 deducted from bank accounts"},"content":{"rendered":"

It comes after new rules for this year were drawn up by the Government\"HMRCHMRC will be taking cash back from some pensioners.<\/p>\n

HMRC will be taking money back from certain pensioners over the coming weeks and months.<\/p>\n

Winter Fuel Payments, worth up to \u00a3300, will be claimed back from certain people under new rules.<\/p>\n

Initially all pensioners are being handed the payments but not everyone will get to keep them under what could be a confusing system.<\/p>\n

READ MORE: Drivers who do 10,000 miles a year ‘to be hit with new \u00a3300 charge’<\/a><\/p>\n

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Only those with annual incomes under \u00a335,000 qualify for the winter allowance and will get to keep the money.<\/p>\n

Around four million others with higher incomes aren’t eligible, so will have the payments taken back by HMRC.<\/p>\n

This should happen automatically in most cases through PAYE so households won’t have to do anything.<\/p>\n

But they should be aware money landing in their bank accounts won’t technically theirs, so should be wary about this if spending it.<\/p>\n

These rules are in place for the first time this year following a shake-up to Winter Fuel Payments.<\/p>\n

In previous years the cash was universal for all over-65s before being scaled back massively in 2024 by the new Labour Government.<\/p>\n

The inevitable backlash that followed forced ministers to think again and come up with a plan to cover all those on lower incomes while preventing money being wasted on wealthier retirees.<\/p>\n

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While potentially confusing, the new system was seen as the easiest way of separating those who do and don’t qualify this year.<\/p>\n

Some Brits may have already received their Winter Fuel Payments, which started being handed out at the beginning of November.<\/p>\n

But they will continue to be issued during November and December.<\/p>\n

Join our Free Money Saving WhatsApp community for the latest updates<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"It comes after new rules for this year were drawn up by the GovernmentHMRC will be taking cash…\n","protected":false},"author":2,"featured_media":251705,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[84,4176,2218,39978,4174,4175,56,54,55,2932],"class_list":{"0":"post-251704","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-money-saving-tips","12":"tag-personal-finance","13":"tag-personalfinance","14":"tag-uk","15":"tag-united-kingdom","16":"tag-unitedkingdom","17":"tag-your-money"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/251704","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=251704"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/251704\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/251705"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=251704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=251704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=251704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}