Tag: income tax
HMRC issues alert over potential pension pot ‘tax avoidance’
HMRC has issued the warning to people thinking about withdrawing their pension early …
State pension fury as 77,000 over-66s caught in ‘punishing’ tax trap
More than double the amount of people were caught in the trap in 2024/25 compared to 2021/22. …
Pension tax refunds hit nearly £50million as thousands overpay on withdrawals
A staggering £1.5billion worth of overpaid tax on pension withdrawals has been reclaimed since 2015. …
Revealed – the 9 stealth taxes Rachel Reeves is poised to hike in sneaky Budget raid
The Chancellor is working through a long list of tax targets. …
I asked ChatGPT what Rachel Reeves will do in Budget – its answer will terrify pensioners
We know the Chancellor is lining up a shock and awe Budget tax blitz. …
28,000 taxpayers issued 3-day deadline or risk fine
Thousands of UK taxpayers are being urged to act now with the deadline set for October 31. …
State pension fury as older Brits warned of tax hammering in brutal ‘double whammy’
Industry experts have issued a number of proposals to stop future retirees from plunging into financial difficulty. …
HMRC warning to workers as major tax change set for 2026
Qualifying workers will have to provide updates to HMRC as part of the change. …
‘£473 letter’ to be sent to some workers by HMRC
HMRC has issued an urgent warning to all UK workers as it urges them to take note of one particular letter that could mean they’re owed an average of £473 …
Older state pensioners missing out on £575 triple lock boost
Older state pensioners will not get the full £575 triple lock boost that new state pensioners will in 2026. …
