£300 Bank Deduction for UK Pensioners Confirmed – New HMRC Rule From 21 February Explained
Reports of a “£300 bank deduction” affecting UK pensioners have understandably caused concern. For many older people living on fixed incomes, even a relatively small unexpected deduction can disrupt careful monthly budgeting. So what exactly is happening from 21 February? Is there a new tax? Are banks removing money directly from accounts? And who is … Read more