More than a million people face surprise tax bills by HMRC, including thousands of pensioners, as triple lock pushes more ...

HMRC issued some 1.32million 'simple assessments' to pensioners in the 2023/24 tax year, up 74 per cent from the year before.

HM Revenue & Customs (HMRC) has hit hundreds of thousands of pensioners with shock tax bills. The tax office issued 1.32m “simple assessments” in the 2023-2024 tax year, up 74pc from 757,745 the year ...

Withdrawing your pot in full can give easy access to cash - but experts warn the tax hit can outweigh the benefits ...

Millions of state pensioners are being urged to act to secure up to an extra £694.43. Analysts are warning that a looming ...

Experts have warned that Rachel Reeves' so-called retirement tax disproportionately penalises the oldest pensioners in society. According to data analysis, nearly half (46%) of retirees aged between ...

As state pension payments rise, more people could find themselves in higher tax brackets and caught by the self-assessment net, as shown in the graph below. The state pension is currently worth £ ...

As the population of the UK continues to live longer, more and more people are now claiming a pension. The most common remains the state pension, designed to give people a regular retirement income ...

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...