HMRC Announces £420 Bank Deduction for UK Pensioners – New Rule Effective from 16 febuary
News that HMRC is introducing a £420 bank deduction affecting some UK pensioners from 16 February has understandably raised concern. For many retirees living on fixed incomes, even a modest unexpected deduction can create stress and confusion. However, it is important to understand exactly what this change involves. It is not a blanket charge applied … Read more