A surge in the number of pensioners paying higher tax rates has been revealed, with new figures showing an increase in tax ...

Rising state pension payments have pushed more people into higher tax brackets but this could also affect other areas of your finances ...

ROUGHLY one million pensioners are being hit with high retirement tax bills thanks to thresholds being frozen. Over the last ...

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

More than one million pensioners are paying income tax above the 40% threshold, new figures have revealed. According the ...

Around 1m pensioners paying income tax at 40% or above - The number of people at state pension age or older who are paying ...

(Alliance News) - Around one million pensioners are paying income tax at rates of 40% or above, according to figures obtained from His Majesty's Revenue & Customs.

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 ...

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

While tax withholding is automatic while working, retirees face the responsibility of ensuring their income is withheld for ...

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 £ ...