HMRC Announces £420 Bank Deduction for UK Pensioners – New Rule Effective from 27 February
Reports of a £420 bank deduction affecting UK pensioners have caused understandable concern. Any headline mentioning deductions from bank accounts is bound to raise alarm, especially among older households living on fixed incomes. However, before panic sets in, it’s important to understand what this update actually means. The announcement relates to tax adjustments administered by HM … Read more