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UK Eyes New Tax on Pensioners to Reclaim Winter Fuel Payments

UK Eyes New Tax on Pensioners to Reclaim Winter Fuel Payments; Here’s What It Means

The UK government’s plan to tax higher-income pensioners to reclaim Winter Fuel Payments could change the way retirees manage their finances. With potential income thresholds of £11,800 for singles and £18,000 for couples, the policy aims to save £1.5 billion annually but faces criticism for complexity and fairness. Stay informed and plan ahead.

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