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Rachel Reeves Says some DWP State Pensioners Will Be Protected From HMRC Rule
The full new state pension is now just below the frozen personal allowance of £12,570, pension experts said.
Summary by examinerlive.co.uk
3 Articles
3 Articles
Rachel Reeves' state pension tax pledge could leave millions of pensioners behind
Chancellor Rachel Reeves has confirmed that pensioners whose only income comes from the state pension will not be required to pay income tax before the end of the decade.This is despite the rapid rise towards the frozen £12,570 personal allowance.Annual triple‑lock increases mean the full new state pension, paid to those who reached state pension age after April 2016, is expected to reach about £12,547.60 next year, leaving it just below the cur…
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Total News Sources3
Leaning Left0Leaning Right1Center2Last Updated67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
C 67%
R 33%
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