Tag: state pension tax
Pensioners paying tax bills soar as numbers reach 7.13 million
Pensioners are among “the worst hit” by frozen tax allowances, analysts have said. …
New state pension tax threat as Rachel Reeves plots extended incomes raid in March
Chancellor Rachel Reeves can’t get her sums to work, and millions of state pensioners will pay the price. …
Should pensioners’ personal allowances increase by £1,000? Vote now
The triple lock pledge could drag more state pensioners into the tax net next year. Is this fair? Vote now. …
HMRC forced to act as tax loophole affecting 11 million state pensioners closed
HMRC has been forced into a U-turn over the emergency tax code rules …
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. …
