£300 Bank Deduction for UK Pensioners Confirmed, New HMRC Rule Explained – Effective from 1 October

£300 Bank Deduction for UK Pensioners Confirmed, New HMRC Rule Explained

UK pensioners are facing a significant change this October. HM Revenue & Customs (HMRC) has confirmed that a new £300 deduction will be applied to certain accounts, raising concerns among pensioners about their monthly budgets. Understanding who is affected, why this is happening, and what steps you can take is essential to avoid unexpected financial … Read more