HMRC Announces £320 Bank Deduction for UK Pensioners – New Rule Effective from 27 October
UK Government has confirmed a major new change that will directly impact millions of pensioners across the country. HMRC has officially announced that a new £320 bank deduction rule will take effect from 27 October 2025, affecting how certain pension-related payments are processed and taxed. This decision comes as part of a wider government effort … Read more