Tag: state pension tax
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. …
