Pension tax crisis as Rachel Reeves ‘rule change’ to slap Britons with 40% inheritance bill
A large proportion of UK financial advisers have expressed alarm over forthcoming changes that will bring pension pots…
People taking money out of pension pots could be due tax refund of nearly £4,000
More than 13,000 tax refund forms were processed earlier this year. The latest data from HM Revenue and…
HMRC warns Brits of pension move that ‘could cost you a lot’ | Personal Finance | Finance
Brits with a pension have been issued an important warning from HM Revenue and Customs (HMRC). They have…
‘Didn’t know it existed’ – Mum warns of hidden pension rule costing millions of families £720 a year
Million of families could be losing up to £720 a year in government pension top-ups simply because they…
HMRC pension warning: Early withdrawals could hit you with 55% charge | Personal Finance | Finance
HM Revenue and Customs officials have issued a stark warning today to individuals considering early access to their…
HMRC provides further clarity on Budget changes
HMRC has provided further updates on the pension measures announced as part of the 2025 Budget, including changes…
State pensioners face being taxed at 87% under ‘substantial’ HMRC shake-up
Estates which are passed down to the beneficiaries of those who have passed away already exceeding the £325,000…
Inheritance tax raid looms as Rachel Reeves confirms ‘biggest Budget fear’ for thousands of Britons
Chancellor Rachel Reeves confirmed the “biggest Budget tax fear” for thousands of households as more Britons are at…
HMRC set to punish state pensioners who have ‘average savings’ from tomorrow
The allowance has been frozen since it was introduced in 2016 and is not expected to be lifted…
HMRC set to punish state pensioners with 60% tax bill thanks to rule ‘quirk’
Nearly 80,000 pensioners were caught in a quirk of the earnings system and hit with an effective tax…