£300 Bank Deduction 2025: 2 Hidden HMRC Rules Every UK Pensioner Must Know

£300 Bank Deduction 2025: 2 Hidden HMRC Rules Every UK Pensioner Must Know

UK Government has recently confirmed a major update that will directly affect pensioners across the country. Starting in 2025, HMRC will implement a £300 automatic deduction linked to new compliance and benefit adjustment rules. While most pensioners are aware of routine tax reviews and pension recalculations, very few understand these two hidden rules that could … Read more