UK Pensioners Face £300 Bank Deduction – HMRC’s New Rule Explained from 1 October

UK Pensioners £300 Bank Deduction – HMRC Rule Explained

Pensioners across the United Kingdom are being warned about a £300 deduction from their bank accounts starting from 1 October 2025. HM Revenue & Customs (HMRC) has introduced a new rule that could affect thousands of pensioners who receive certain benefits or tax credits. Understanding this change is vital to ensure there are no unexpected … Read more