Official: HMRC £300 Bank Deduction Rule Begins 20 October – Pensioners Must Check

Official: HMRC £300 Bank Deduction Rule Begins 20 October – Pensioners Must Check

The HMRC has officially confirmed a new £300 bank deduction rule that will come into effect from 20 October, and it is set to impact thousands of UK pensioners. This new update has caused concern and confusion, with many older citizens unsure whether the payment will be added, deducted, or delayed in their bank accounts. … Read more