HMRC warns pensioners set to face extra £17 monthly tax bill
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HMRC warns pensioners set to face extra £17 monthly tax bill.
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State pensioners earning more than £35,000 a year will see their monthly tax bills rise by around £17 as HM Revenue and Customs (HMRC) begins reclaiming Winter Fuel Payments made during the 2025-26 tax year.The additional charges are intended to recover Winter Fuel Payments worth between £100 and £300 that were issued to households whose annual income exceeded the £35,000 threshold.Almost two million pensioner households across the UK are expected to be affected by the recovery process.HMRC said Winter Fuel Payments will be recouped through increased monthly tax deductions until the full amount has been repaid.
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TRENDING Stories Videos Your Say HMRC stated: "For a typical Winter Fuel Payment of £200, PAYE customers with income more than £35,000 will pay approximately £17 per month extra in tax during the 2026 to 2027 tax year to recover their payment."For pensioners paying tax through PAYE, the recovery process is taking place automatically through adjustments to tax codes for the...
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