Over £3,003 in the Bank? HMRC and DWP Savings Rules for Retirees Revealed!

HMRC and DWP Savings Rules

UK retirees with over £3,000 in savings now face enhanced scrutiny from HMRC and the Department for Work and Pensions (DWP) under new 2025 rules. This represents a significant shift from previous thresholds and affects how your savings impact both tax obligations and benefit entitlements. Let me break this down step by step to help … Read more