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Tag: state pension tax

Finance

New state pension tax threat as Rachel Reeves plots extended incomes raid in March

  • By Robertson
  • March 10, 2025

Chancellor Rachel Reeves can’t get her sums to work, and millions of state pensioners will pay the price. …

Tagged Income tax threshold freeze, Pensioners' tax impact, Rachel Reeves, state pension tax
Finance

Should pensioners’ personal allowances increase by £1,000? Vote now

  • By Robertson
  • February 27, 2025

The triple lock pledge could drag more state pensioners into the tax net next year. Is this fair? Vote now. …

Tagged state pension, State Pension forecast, state pension increase, state pension latest, state pension news, state pension rachel reeves tax, state pension tax, state pension tax threat, state pension tax threshold, state pension Triple lock
Finance

HMRC forced to act as tax loophole affecting 11 million state pensioners closed

  • By Robertson
  • January 27, 2025

HMRC has been forced into a U-turn over the emergency tax code rules …

Tagged emergency tax code, emergency tax codes, HMRC, pension tax, pension withdrawal tax, pensioner tax code, personal pension tax, state pension tax, state pensioners, Tax loophole
Finance

State pensioners will wake up to HMRC tax bill after triple lock change

  • By Robertson
  • October 19, 2024

An additional 300,000 people are expected to pay tax on their state pension next year – more than double the original estimate. …

Tagged state pension, state pension autumn budget, state pension HMRC tax, state pension latest, state pension news, State Pension Rachel Reeves, state pension rise, state pension tax, state pension tax threshold freeze, state pension Triple lock
Finance

HMRC to send out 700,000 letters to pensioners with ‘£665’ tax demand

  • By Robertson
  • October 10, 2024

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 …

Tagged frozen tax allowances, HMRC letters, pension tax, pensioners tax, simple assessment letter, simple assessment tax, state pension increase, state pension tax
Finance

Tax warning for 340,000 state pensioners as HMRC bill looms

  • By Robertson
  • September 13, 2024

State pension payments are predicted to rise four percent next year. …

Tagged state pension HMRC, state pension latest, state pension news, state pension tax
Finance

HMRC could ‘write off’ some state pensioners’ tax bills – but experts issue warning

  • By Robertson
  • August 24, 2024

Hundreds of thousands of pensioners face being dragged into the tax system due to frozen personal allowances …

Tagged frozen tax, HMRC, income tax, state pension, state pension tax, tax threshold, tax thresholds, Triple lock, triple lock tax
Finance

State pension tax warning as HMRC may ‘adjust your record’ when calculating bill

  • By Robertson
  • August 23, 2024

A pensioner got in touch with a query about how their tax would be calculated. …

Tagged HMRC, SIPP tax, state pension latest, state pension news, state pension tax, tax latest, tax news
Finance

DWP state pension boost as Triple Lock adds £517 to bank accounts

  • By Robertson
  • August 14, 2024

A state pension rate increase will be “welcomed”, but frozen tax thresholds remain a “looming challenge”, an expert has warned. …

Tagged state pension, state pension increase, state pension increase 2025, state pension inflation, state pension latest, state pension news, state pension rates, state pension tax, state pension Triple lock, state pension Wage growth

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