Birmingham Live
UK · 10 mins ago
Rachel Reeves confirms state pensioners losing £33 a month before leaving as Chancellor
NewsCost Of LivingPensionHMRC will be taking cash away from some over-65s09:28, 07 Jul 2026Some state pensioners will see a chunk of their payments taken away by HMRC.It's part of new rules put in place by Rachel Reeves before she leaves her role as Chancellor in the coming weeks.It will impact over-65s with annual incomes over £35,000.READ MORE: Andy Burnham £35,000 state pension rule if he becomes Prime MinisterWe are now on WhatsApp. Join our dedicated community hereThese households no longer qualify for Winter Fuel Payments under latest rules.Under the new system, all pensioners are initially paid the cash.The money is then taken back from those whose incomes who are judged to be too high in monthly instalments by HRMC.It's something for these pensioners to be aware of, as their pa
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