Older people urged to check income taxes

0
Have your say

Tax Help for Older People are urging older people who are retired or semi-retired to make sure they aren’t paying too much in income tax.

Tax for Older People is a service provided by the charity Tax Volunteers, offering free, independent and expert help and advice on personal tax matters to those approaching 60 and over on lower incomes (less than £20,000 per year).

Chief executive Graham Sherburn said: “Tax can become more, not less complicated after retirement or semi-retirement. Over the last few months many people will have been notified by HMRC of new tax codes or overpayments or underpayments of income tax.

“These can be very confusing, especially as many of us rely on our employer to deal with our tax payments while we are employed. This can be a whole new world to some over-sixties and comes at a time when other challenges such as illness, disability and bereavement can also hit.

“We urge anyone over the age of 60, and on a lower income, to seek clarification on any aspect of their income tax liability they do not understand. This service is completely free, independent and confidential.”

As well as its own helpline and volunteer tax advisers, the charity is also working with local organisations. Graham added: “We are delighted to be working with local Age UK centres, Citizens Advice Bureaux and local authorities to reach and help local people with their income tax problems.”

If you are an older person on a lower income, or someone acting on their behalf then you can contact Tax Help for Older People on its helpline 0845 601 3321 or 01308 488066.