UK Government Approves New HMRC Regulation — £120 Bank Deduction for Pensioners
The UK Government has officially authorised a new rule giving His Majesty’s Revenue and Customs (HMRC) the ability to withdraw unpaid tax directly from a pensioner’s bank account. Although the original figure widely circulated was £120, recent updates confirm that the maximum deduction can reach as high as £300. This move aims to streamline the … Continue reading UK Government Approves New HMRC Regulation — £120 Bank Deduction for Pensioners
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