HMRC confirms state pensioners earning over £35,000 face clawback through higher tax bills
Sentiment Mix
Geography
Expert Signals
GB News - News
source • 1 mention
AI-Generated Claims
Generated from linked receipts; click sources for full context.
HMRC confirms state pensioners earning over £35,000 face clawback through higher tax bills.
Supported by 1 story
HM Revenue and Customs (HMRC) has confirmed state pensioners earning more than £35,000 annually will face additional monthly tax deductions to recover Winter Fuel Payments issued during the 2025/26 financial year.The recovery programme began in April 2026 and is expected to affect almost two million households across the UK.Winter Fuel Payments worth between £100 and £300 were distributed to pensioner households before later income assessments determined some recipients exceeded the earnings threshold.HMRC said the money will now be reclaimed automatically through adjusted tax codes during the 2026/27 tax year.
Supported by 1 story
TRENDING Stories Videos Your Say Affected pensioners are expected to pay around £17 extra per month in tax until the full amount has been recovered.The tax authority said pensioners impacted by the changes should already have received correspondence explaining updates to their tax code.HMRC outlined the repayment process for basic rate taxpayers and explained how the deductions...
Supported by 1 story
Related Events
Petrol and diesel drivers caught 'off guard' by new taxes as older vehicles hit with highest costs
Uncategorized • 5/17/2026
Crude Oil Prices Well Over $100 per Barrel - VOCM
Product Launch • 5/17/2026
Stocks tumble as Middle East air war fans inflation fears - Reuters
Industry • 5/17/2026
Airlines around world hike fares as Iran war sparks global fuel price surge
Industry • 5/17/2026
Oil prices top US$81 a barrel amid Iran war, pushing global markets down - Global News
Uncategorized • 5/17/2026