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A HMRC (His Majesty's Revenue & Customs) alert has been issued as money could be taken directly out of your bank account, and it comes after big news was annouced for state pensioners . A rule has come into place, which was paused by HMRC during the coronavirus pandemic, which enables money to be extracted from your personal account.

While not everyone will be impacted by the change, there are some things you need to know, especially when it comes to the payment of your taxes. Advice was recently shared by Kevin White, who issues handy money tips online under the TikTok account magicmoneytips.

In a recent video, he urged people to take note of the changes happening, in case you witness any money "disappear." It comes after some UK households were warned they could

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