From 25 November 2025, many pensioners in the UK may see automatic deductions from their bank accounts as part of a new rule introduced by HM Revenue & Customs (HMRC). This policy allows HMRC to recover small tax underpayments, pension overpayments, and unreported income discrepancies directly from bank accounts. While the government says the rule … Continue reading HMRC Confirms £350 Automatic Bank Deductions For Pensioners From November 2025