Tag: personal allowance freeze
State Pension warning as older Brits slapped with £800 HMRC bill
Thousands of pensioners who rely solely on the state pension are facing unexpected tax demands from HMRC. …
Warning as state pension increase could be ‘double-edged sword’ for retirees
Nearly nine million pensioners are expected to pay tax in retirement after the Government confirmed that the Personal Allowance will remain frozen. …
State pensioners warned of ‘unexpected tax bill’ from HMRC
An expert says there could be a lot of ‘confused and unhappy people’ across the UK. …
Millions of pensioners face harsh tax blow in 2025 after ‘freeze’
The Personal Allowance is set to remain frozen until 2028. …
DWP state pensioners told don’t be caught out by ‘nasty £3,000 surprise’
A state pension warning has been issued to the hundreds of thousands of Brits who could be impacted by a tax bill in the coming year. …
Retirees paying £2,700 more to keep their lifestyles exactly the same
The cost of retirement is quickly rising, but many pension pots might not keep up …
State pensioners warned of ‘sudden tax bill’ in ‘yet another blow to pensioners’ pockets’
Millions of retirees could be paying income tax by 2027, a financial expert warns, as the personal allowance band remains frozen. …
State pensioners told why April increase could see some losing income
The state pension will rise by 4.1% in April, however, some pensioners could still see their income fall as a result of the rise …
