HMRC issues 'unexpected' £655 tax bill to 700,000 pensioners
A growing number of people are being hit with end of year tax demands from HMRC with the increase being in part due to the rising level of the state pension and frozen tax thresholds.
Four ways the government could increase inheritance tax in upcoming Budget raid
The Chancellor is expected to target a number of exemptions and loopholes in the inheritance tax regime in order to bring in billions of pounds from the estates of the dead
Four ways the government could increase inheritance tax in upcoming Budget raid
The Chancellor is expected to target a number of exemptions and loopholes in the inheritance tax regime in order to bring in billions of pounds from the estates of the dead
State pensioners warned 900,000 face 'lower payments' despite Triple Lock hike
The new Labour Party government and Department for Work and Pensions ( DWP ) look set to increase State Pension payments by £475 in April.
How IRAs Can Help Retirees Reduce Or Avoid Estimated Tax Penalties
The number of taxpayers hit with penalties for underpaying estimated taxes has increased. But retirees can use a traditional IRA to help avoid the penalties.
300,000 state pensioners 'edging closer' to having payments reduced
It is due to a combination of hefty state pension rises and frozen tax thresholds.
Thousands of state pensioners face waking up to HMRC bill on doorstep
People can currently earn £12,570 before paying tax, but the State Pension is set to rise thanks to the Triple Lock policy under the new Labour Party government.
last updated on 18 Oct 20:25