“Stealth taxes drive pensioners into tax-paying status, alarming charities. Frozen thresholds and HMRC communication woes escalate late-filing penalties.”
Tax penalties surge for pensioners due to frozen thresholds.
- Elderly facing difficulties in contacting HMRC.
- State pension rise pushes more into tax-paying status.
- Charities warn of pensioners becoming government’s ‘cash cow’.
- Late-filing penalties escalate due to tax threshold freezes.