Martin Lewis warns pensioners over state pension tax
Money expert Martin Lewis explains why state pensioners may soon pay tax, even without other income. Learn how frozen thresholds and April's increase impact you.
Money expert Martin Lewis explains why state pensioners may soon pay tax, even without other income. Learn how frozen thresholds and April's increase impact you.
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.
DWP is automatically sending Winter Fuel Payments of up to £300 to state pensioners. Find out if you're eligible to keep it or if HMRC will reclaim the cash.
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.
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.
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 increases the trading income threshold to £3,000, freeing 300,000 from Self-Assessment. Discover how this tax simplification benefits you.
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.
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 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.
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.
UK retirees with £100,000 savings gain £670 more yearly as annuity rates hit 7.65%. Discover how enhanced annuities and market changes boost retirement income security.
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.
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 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.
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.
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?
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.
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 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 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.
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.
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.
The DWP confirms a £150 Warm Home Discount is being automatically applied for eligible state pensioners. Learn how to qualify and spot potential scams.
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.
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.
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.
Nearly one million more people, including pensioners, will pay higher taxes if the Labour government extends the income tax threshold freeze to 2030. Discover the full impact.
HMRC letters demand 63% tax from pensioners as Labour's 2p tax hike for high earners breaks election pledge. Autumn Budget set for November 26.
Chancellor Rachel Reeves eyes a 'pay-per-mile' tax hitting UK drivers heading to France. Critics slam the 'crazy' double cost. Find out how it affects your travel.