HMRC Announces £350 Bank Deduction for Pensioners Starting 25 November: Key Details & Eligibility
The HMRC has announced a new £350 bank deduction rule affecting thousands of UK pensioners from 25 November 2025. The announcement has caused concern among older residents who rely heavily on their pension income to cover everyday expenses such as food, rent, utilities, and medical costs. While this policy is part of HMRC’s wider compliance … Read more