HMRC Confirms £300 Winter Fuel Payment Recovery: Why Some Pensioners Will See Deductions
A confirmed £300 “pension deduction” has caused concern among retirees, but officials stress this is not a blanket cut to the State Pension. Instead, HM Revenue and Customs (HMRC) will begin recovering certain Winter Fuel Payments from higher-income pensioners via PAYE adjustments from February 2026. The measure applies only to individuals whose annual taxable income … Read more