State Pensioners to Benefit from New HMRC Tax-Free Allowance Threshold in 2027 Wednesday, June 10, 2026 pension tax hmrc allowance statepension triplelock income dwp pensioners policy Starting in 2027, state pensioners who depend exclusively on the Department for Work and Pensions (DWP) state pension will be shielded from paying income tax, thanks to a new policy introduced by Labour Party Chancellor … Read More
Well-Off State Pensioners Face HMRC Tax Bills Totaling £9,320 Tuesday, June 9, 2026 pensions statepension tax hmrc retirement income fiscaldrag government ajbell treasury Well-off pensioners are seeing their tax burdens rise sharply as they pay thousands more to HMRC just to maintain their lifestyles. Recent analysis by Pensions UK shows that Department for Work and Pensions (DWP) state … Read More
HMRC Confirms Major Crackdown as 5,200 Households Face Up to £3,000 Fines Monday, June 8, 2026 hmrc inheritance tax penalties fines estates executors compliance digitalisation legislation HM Revenue & Customs (HMRC) has intensified its enforcement of inheritance tax (IHT), resulting in a 33% increase in penalties. In the 2024-25 period alone, 5,200 estates’ executors have been fined a total of £3.1 million … Read More
HMRC Warns of £153 Million TikTok Tax Scam Following Arrests Friday, June 5, 2026 hmrc tax scam tiktok fraud nationalinsurance utr personaldata security arrests HM Revenue & Customs (HMRC) has issued a stark warning about a £153 million scam circulating on TikTok that tricks individuals into divulging their personal tax details. This alarming fraud prompted HMRC to block … Read More
HMRC’s Frozen Tax Allowance Could Push 9.3 Million Pensioners into Paying Income Tax Wednesday, June 3, 2026 pensioners tax hmrc income allowance fiscaldrag inflation cspa statepension retirement The Civil Service Pensioner Alliance (CSPA) has raised serious concerns about the impact of the frozen HMRC personal tax-free allowance on UK pensioners. While income tax rates have remained unchanged, the personal allowance … Read More
HMRC Confirms £60,000 Annual Pension Contribution Allowance for State Pensioners Wednesday, June 3, 2026 hmrc pension allowance tax contributions retirement selfassessment taxrelief carryforward statepension HM Revenue & Customs (HMRC) has reaffirmed the annual pension contribution allowance of £60,000 for state pensioners. This confirmation came following an inquiry from a pension saver on X (formerly Twitter) regarding … Read More