North East is cheapest place to be a pensioner

The North East is the cheapest place to be a pensioner with over-65s needing an annual income of £14,782 to cover spending, according to a new survey.

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Editor’s Comment: Pensioners facing tax pain

 

Sometimes it’s the lesser stories of the week which make you think the most. 

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16% of over-65s submitting tax returns

Latest data from HMRC has revealed that many more pensioners are filing tax returns than younger taxpayers.

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134,000 state pensioners underpaid by £1bn

A damning report from the National Audit Office out today has revealed that 134,000 state pensioners were underpaid by an average of £8,900 each - with some underpayments dating back to 1985.

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