The state pension will breach the current £12,570 tax-free allowance within three years, creating an unprecedented situation where pensioners must return some of their state pension to HMRC and the Department for Work and Pensions (DWP).
Full ArticleHMRC tax warning for state pensioners as '£130 will be taken from monthly payments'
Nottingham Post
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State pensioners warned £130 will be 'taken from their monthly payments'
Analysis shows the state pension will breach the current £12,570 tax-free allowance within three years, creating an unprecedented..
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