HMRC Officially Issues New Rule – £300 Bank Deduction for Pensioners from 25 October

HMRC Officially Issues New Rule – £300 Bank Deduction for Pensioners from 22 October

The HM Revenue & Customs (HMRC) has issued a new update that has left many UK pensioners worried. From 25 October, a new £300 bank deduction rule will be enforced for individuals who have received overpayments or unpaid tax adjustments linked to pensions or benefits. For many older citizens living on a fixed income, even … Read more