Tag: HMRC
HMRC clarifies how £1,000 tax rule applies to pensioners
It’s worth reading up on as tax rates are increasing soon …
Upcoming Reeves change to HMRC tax means ‘check pension now’
A wealth expert is urging pension holders to consider drawing down and gifting funds to loved ones before April 2027 …
HMRC alert ahead of £300 fines – deadline on May 31
Here’s why May 31st could be an important deadline in your calendar. …
Older state pensioners handed £415.44 per week with AP change – started in April
Older state pensioners will get up to £415.44 per week – more than a new state pensioner – if they max out two elements of their old state pension. …
HMRC alert issued for anyone working beyond State Pension age
Working pensioners are subject to different tax rules than people under the age of 66. …
HMRC issues ‘act now’ warning – thousands eligible for £1,406 a year
Parents with children reaching a certain age could be entitled to financial assistance. …
HMRC confirms £200 extra tax charges for state pensioners in 2026
Monthly deductions are then set to temporarily rise to about £33 for a typical £200 payment in the tax year 2027-28 …
New £33 charge for state pensioners as ‘double repayments’ warning issued
Anyone who earns over threshold for winter fuel payment will pay back more this year as HMRC claws back extra for 12 months …
£18,000 personal tax allowance update as new milestone follows Reeves response
Workers have not seen an increase for years …
HMRC to hand little-known tax bill to 4 groups – July 31 deadline
Thousands face an “unexpected” tax bill from HMRC following a missed deadline. …
