9 Million Pensioners Face Tax on State Pension
Nearly 9 million state pensioners could be pushed into paying income tax as the Chancellor extends the freeze on tax thresholds. Discover the impact of this Autumn Budget decision.
Category : Search result: income tax pensioners
HMRC overtaxes thousands of pensioners in Q3 2025
HMRC has now repaid over £1.5bn to pensioners overtaxed on withdrawals since Pension Freedoms. Discover how this flaw affects you and what to do.
Pensioners face £2,500 tax hit in Labour budget
Wealthy UK pensioners could see a £2,500 tax bill increase following Chancellor Rachel Reeves' budget changes. Discover the impact of the potential income tax rise.
State Pension to rise by £575 next year
Chancellor Rachel Reeves confirms a 4.8% state pension increase for 2026/27. Millions to receive up to £575 extra. Find out how the triple lock affects you.
HMRC raises tax threshold to £3,000 for side hustles
HMRC increases the trading income threshold to £3,000, freeing 300,000 from Self-Assessment. Discover how this tax simplification benefits you.
HMRC: Say 'allocate tax-free allowance' on calls
HMRC advises thousands of UK households to use a specific four-word phrase when calling to resolve tax code issues. Learn how to update your tax-free allowance efficiently.
60% Tax Trap Hits 77,000 UK State Pensioners
Nearly 80,000 pensioners face a punishing 60% effective tax rate due to a frozen tax threshold. Discover how this 'tax trap' works and what you can do.
HMRC tests new digital tax rules on 5,000 people
HMRC has enlisted nearly 5,000 volunteers to test its new Making Tax Digital system for income tax, set to roll out for earners over £30,000 from 2027. Discover the changes.
All UK State Pensioners to Pay Income Tax by 2027
The Institute for Fiscal Studies warns that every state pensioner will become a taxpayer by 2027 unless the government grants an exemption. Discover the full impact of frozen tax thresholds.
Pensioners face 87% inheritance tax under Labour
Labour's plan to close a pension tax loophole could see some retirees facing an effective 87% inheritance tax rate from April 2027. Experts warn this requires urgent financial planning.
Pensioners warned of tax rise from threshold freeze
Coventry Building Society warns state pensioners on fixed incomes face paying more tax due to frozen thresholds. Discover the financial impact and planning tips.
HMRC's £992 stealth tax demand hits low earners
HMRC is writing to UK households demanding £992 due to a frozen tax threshold. Discover how this stealth tax works and the legitimate way to avoid the payment.
HMRC demands £992 from low-income savers
Thousands of low-income savers and pensioners face surprise tax demands of £992 due to the frozen personal allowance. Discover how you might be affected and what it means for your savings.
Pensioner Tax Allowance Petition Awaits Government Reply
A petition demanding a doubled personal tax allowance for state pensioners is set to receive an official government response within 48 hours. Will the Treasury act?
One in Four Workers Face New HMRC Tax Band
A new HMRC tax band will impact one in four workers as threshold freezes extend to 2030. Discover how this tax shake-up affects millions of Britons.
Labour's tax freeze to cost middle earners £3,000
Analysis reveals workers earning over £44,000 face a £2,978 tax hit over four years under Labour's threshold freeze. Discover how fiscal drag impacts your take-home pay.
Stealth Tax to Hit 10 Million UK Adults
Chancellor Rachel Reeves extends the income tax threshold freeze until 2030, creating a £8.3bn stealth tax impacting 10 million people. Discover the full financial consequences.
All UK state pensioners to pay income tax
For the first time in history, all full state pensioners will pay income tax as the pension overtakes the frozen personal allowance. Discover the impact of this historic change.
HMRC warns pensioners over £25,000 tax limit
HMRC issues a tax warning to state pensioners as Triple Lock increases could push them into a higher tax bracket. Expert advice on maximising allowances.
Income Tax Change May Cost Workers £250 Each
Chancellor Rachel Reeves' potential income tax rise in the Autumn Budget could add over £200 to annual bills for thousands. Discover how you could be affected.
Gift money to children before HMRC rule change
UK households can protect wealth by gifting surplus income tax-free before pensions fall into the inheritance tax net in 2027. Learn the three key rules to follow.
HMRC's 77-day Self Assessment tax return warning
HMRC urges UK taxpayers to file Self Assessment returns now. With 77 days until the 31 January deadline, early filing provides more time to prepare your payment.
HMRC Letters Offer £473 Tax Refund to UK Workers
HMRC is sending letters to self-employed and employed workers about an average £473 tax refund. Check your eligibility and claim online via the HMRC app before the deadline.
1 Million Pensioners Face Shock Tax Bills on Savings
Over one million UK state pensioners will be dragged into paying tax on their savings in 2025 due to frozen allowances and high interest rates. Discover the full impact.
Income tax freeze extension urged for Autumn Budget
Chancellor Rachel Reeves is pressured to extend the income tax threshold freeze, raising £12bn. The Fabian Society calls it the 'best available option' ahead of the 26 November statement.
1 Million Pensioners Face HMRC Tax on Savings
HMRC data reveals over a million state pensioners now face tax on savings interest due to frozen thresholds and high rates. Discover how this affects you.
7 Tax Loopholes to Use Before Autumn Budget
Discover seven legal ways to reduce your tax bill ahead of the November budget. Act now to protect your savings from potential income tax rises.
Reeves U-turns on income tax rise in Autumn Budget
Chancellor Rachel Reeves has scrapped plans to raise income tax rates ahead of the 2025 Autumn Budget. Discover what alternative 'stealth tax' measures could still increase your bill.
Reeves Abandons Income Tax Rise, Plans 8 New Measures
Chancellor Rachel Reeves has U-turned on income tax rises but is planning eight alternative tax changes affecting pensions, ISAs, fuel and property. Discover the full Autumn Budget impact.
Reeves Abandons Income Tax Rise in Budget U-Turn
Chancellor Rachel Reeves has abandoned plans to increase income tax, breaking a key Labour pledge. Discover the new tax strategies and the political fallout.
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