pensioners

Warning from HMRC: ‘Hidden tax’ on state pension hits 8.5 million pensioners, blow to pensioners: ‘Sunak is a liar!’

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The number of Britons over retirement age paying tax on their state pension has increased significantly in the past year, according to new figures published by HM Revenue and Customs (HMRC). Tax authority data shows that annual figures on the number of people paying income tax on their pension payments have risen by 660,000, from … Read more

State pensioners face a ‘tax nightmare’ without pension reform: ‘Serious concerns in the coming years!’

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Pensioners in Britain risk ending up in a tax ‘nightmare’ without serious intervention from MPs, one of the country’s leading pension campaigners has said. Baroness Ros Altmann is urging the major political parties, especially the Labor Party, to reform existing tax rules to prevent older Britons from losing part of their state pension to HM … Read more