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Pensions: 140,000 pensioners to be hit by surprise tax demand

26 July 2024
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Pensions: 140,000 pensioners to be hit by surprise tax demand
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140,000 pensioners in the UK are facing a surprise tax bill due to errors in their state pension payments. The tax demands, averaging around £1,500 per pensioner, are a result of underpayments made over several years. The government has promised to rectify the issue and ensure affected pensioners receive the correct amount in the future.

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