HMRC to Deduct £300 from Some UK Bank Accounts in 2025

Big news for UK pensioners: HM Revenue and Customs (HMRC) has confirmed a one-off £300 deduction from certain pensioners’ bank accounts starting in August 2025. This move is part of a government plan to recover unpaid taxes or overpaid benefits. Not everyone will be affected, but those who owe money could see this amount taken … Read more