Category : Search result: HMRC pension tax relief


Retirees Face £1bn Pension Tax Shock from HMRC

HMRC is accused of 'highway robbery' as new data reveals over 10,000 pensioners a month are hit with emergency tax on withdrawals, with many waiting months for refunds. Experts demand urgent reform to the 'cruel' system.

Pensioner wins £10k tax victory against HMRC

A retired British pensioner has successfully reclaimed nearly £10,000 after a landmark tribunal ruled HMRC unfairly taxed his pension. This case sets a crucial precedent for thousands of retirees facing similar tax demands.

HMRC's New Tax Rules for Vinted & eBay Sellers

UK online sellers on Vinted, eBay, and Etsy are being urgently warned about a major new HMRC tax rule change coming into force on January 1st, 2024. Here's what you need to know to stay compliant.

Liz Kendall urged to fix 'unfair' pension rules

New Work and Pensions Secretary Liz Kendall faces immediate pressure to reform the 'net pay' pension anomaly, which unfairly penalises low-earners saving for retirement. Campaigners demand swift action to end this injustice.

State Pension Tax Trap: Thousands Owe HMRC

A hidden tax trap is snaring UK state pensioners. Discover why you might owe HMRC even if your income is below the tax threshold and how to check if you're affected.

HMRC £42bn Unclaimed Tax Refund Alert

Exclusive: HMRC is sitting on a £42bn pot of unclaimed tax refunds. Our guide reveals the simple checks to see if you're owed money and how to claim it securely.

State pension age rises to 67 by 2028

The UK government confirms another increase in the state pension age, affecting millions. Find out how this change impacts you and when it takes effect.

State Pension claimants hit with surprise tax bills

New figures reveal that over 8,500 people claiming the State Pension for the first time were hit with surprise tax demands from HMRC. Experts warn retirees to check their tax codes to avoid unexpected bills.

State pensioners to receive £300 boost

Millions of state pensioners are set for a welcome financial boost as the DWP confirms an additional payment of up to £300 this year. Find out if you're eligible.

HMRC's Making Tax Digital: Deadlines & Fines

HMRC's Making Tax Digital (MTD) initiative is rolling out new requirements for businesses and landlords. Here’s what you need to know about deadlines, penalties, and how to prepare.

Inheritance tax rule change confirmed

The UK government has confirmed changes to inheritance tax rules, potentially saving families thousands. Here’s what you need to know.

HMRC tax warning: Millions could claim refunds

HMRC has issued a crucial update for taxpayers, revealing that millions may be eligible for refunds due to overpaid taxes. Find out if you're owed money and how to claim it.

1 in 4 women unaware of pension tax relief

A quarter of UK women have never heard of pension tax relief, missing out on thousands in retirement savings. Experts urge action to close the gender pension gap.

Thousands hit with shock tax bills

HMRC's latest crackdown leaves thousands facing unexpected tax demands. Find out if you're at risk and what you can do about it.

HMRC warning: Update details or risk benefit cuts

HMRC has issued a critical alert to millions of Brits receiving tax credits or child benefits, urging them to update their details or risk losing payments and facing penalties. Act fast to avoid disruption!

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