New call for £25,140 personal tax allowance for people over State Pension age
An online petition proposes introducing a new tax code for pensioners. More than 8,800 people have signed an…
HMRC to ‘punish’ state pensioners with small private pensions
The Government has faced criticism over the so-called stealth taxMore pensioners face having to pay income tax. Older…
HMRC set to make unwelcome change for millions who are ‘near retirement’
The Chancellor will deliver the eagerly-awaited Labour Party Autumn Budget on November 26, after weeks of rumour and…
Pension disaster ahead as retirement savings face 87% inheritance tax bill under Rachel Reeves’s ‘substantial’ reforms
Pension savings for some families could be hammered with tax bills charged at 87 per cent under reforms…
Millions of people over State Pension age to pay tax in new financial year
The annual uprating will see the full New State Pension creep closer to the £12,570 Personal Allowance threshold.…
HMRC repays £48.5million in overpaid tax as pensioners caught out by ‘outdated’ system
Pension savers have now reclaimed more than £1.5billion from HM Revenue & Customs (HMRC) after being overtaxed on…
HMRC warning over change to pension tax rules which kicked in on September 1
The taxman, now working under the Labour Party government, changed things two months back, introucing stricter rules for…
HMRC warning over change to pension tax rules which kicked in on September 1
HMRC has tweaked pension tax rules – with a change from September 1. The taxman, now working under…
Pension warning as HMRC error leaves thousands of retirees overtaxed simply for ‘accessing their own savings’
Pension savers across Britain are being routinely overtaxed when taking money from their retirement pots. Latest figures from…
Should the state pension be protected from tax? Vote now
Older Britons are preparing to receive a 4.8 per cent payment rate boost to their state pensions next…