£300 Bank Deduction for UK Pensioners Confirmed, New HMRC Rule Explained
£300 Bank Deduction for UK Pensioners Confirmed,From September 2025, pensioners in the UK may find a new entry appearing on their bank statements: a deduction of £300 authorised by HM Revenue & Customs (HMRC). This change comes as part of a broader effort to streamline tax compliance and recover pension-related overpayments more efficiently. While the … Read more