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The Independent UK
The Independent UK
Bryony Gooch

Two million pensioners could have to repay up to £300 to HMRC - will it be taken from bank accounts?

Some two million pensioners may have to repay up to £300 in tax due to changes to the Winter Fuel Payment.

From November, the payment is expected to continue to automatically go out to those aged 66 and over in order to help with heating costs, but there will be a new income cap which sees those earning more than £35,000 a year unable to qualify.

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