HMRC Repays Over £1.5bn to Pensioners Overtaxed on Withdrawals Sunday, November 23, 2025 hmrc pensions taxation retirement overtaxation withdrawals pensionfreedom statepension personalallowance pensionpolicy Since the introduction of the Pension Freedom rules, HMRC has refunded more than £1.5 billion to pensioners who were overtaxed when accessing their own savings. This overtaxation error has affected tens of thousands of … Read More
HMRC Targets Low Earners with £992 Stealth Tax Increase Amid Personal Allowance Freeze Tuesday, November 18, 2025 hmrc tax personalallowance savings inflation incometax lowincome finance stealthtax pensions HM Revenue & Customs (HMRC) is poised to send letters to UK households demanding an additional £992 in taxes, delivering a harsh blow to low-income families. This unexpected burden stems from a little-known tax change … Read More