News

Over a million pensioners face a “triple tax threat” as frozen allowances drag them into paying higher rates, data shows.
Over the last four years, an extra two million people have started paying income tax after reaching state pension age (as set ...
A surge in the number of pensioners paying higher tax rates has been revealed, with new figures showing an increase in tax ...
ROUGHLY one million pensioners are being hit with high retirement tax bills thanks to thresholds being frozen. Over the last ...
HMRC says around one million pensioners are paying income tax at rates of 40 per cent or above.
More than one million pensioners are paying income tax above the 40% threshold, new figures have revealed. According the ...
New figures released by HM Revenue and Customs (HMRC) suggests that around one million pensioners are paying significantly ...
Millions of state pensioners are being urged to act to secure up to an extra £694.43. Analysts are warning that a looming ...
if you’re still working and the combination of these earnings plus the state pension would push you into a higher tax bracket, you might decide to wait until you stop working to take your payments, so ...
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 £ ...