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HMRC Admitted Overtaxing Millions of State Pensioners Since 2010
HMRC has admitted a long-running error in the taxable State Pension figures used in some tax calculations, with the problem traced to a PAYE systems change introduced in 2010. The issue later fed into Self Assessment pre-populated information and Simple Assessment calculations. For the 2024/25 tax year, around 1.4 million…
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Finance & Economy
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National Energy System Operator Warning as Heatwave Grips UK
The National Energy System Operator warning means Britain’s electricity grid had tighter spare power margins during the heatwave, but it did not mean households were…
