Tag: state pension tax
State pensioners will wake up to HMRC tax bill after triple lock change
An additional 300,000 people are expected to pay tax on their state pension next year – more than double the original estimate. …
HMRC to send out 700,000 letters to pensioners with ‘£665’ tax demand
A large number of people will receive an HMRC letter this year – and many will be told they owe tax for the first time in retirement …
Tax warning for 340,000 state pensioners as HMRC bill looms
State pension payments are predicted to rise four percent next year. …
HMRC could ‘write off’ some state pensioners’ tax bills – but experts issue warning
Hundreds of thousands of pensioners face being dragged into the tax system due to frozen personal allowances …
State pension tax warning as HMRC may ‘adjust your record’ when calculating bill
A pensioner got in touch with a query about how their tax would be calculated. …
DWP state pension boost as Triple Lock adds £517 to bank accounts
A state pension rate increase will be “welcomed”, but frozen tax thresholds remain a “looming challenge”, an expert has warned. …
