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Related Articles from SNS
State pension HMRC alert as millions could end up paying more
State pension HMRC alert as millions could end up paying more Growing numbers of state pensioners may face HMRC tax bills A HMRC levy affecting millions of state pensioners has been condemned by a prominent union. Growing numbers of state pensioners may face HMRC tax bills due to fiscal drag, with the triple lock - which guarantees an annual state pension rise - pushing them closer to the tax-free allowance threshold. The personal tax allowance has remained frozen at £12,570 since 2021 -...