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Martin Lewis Explains New £13,037 Tax Allowance for Pensioners
HMRC will automatically give pensioners up to £13,037 in tax-free income, with the extra allowance tapering off as income rises.
Summary by Telegraph & Argus
9 Articles
9 Articles
+6 Reposted by 6 other sources
Martin Lewis explains new £13,037 tax allowance for pensioners
Martin Lewis on the new £13,037 pension tax allowance, how the £94 extra tax-free threshold works and what the Budget change means for older pensioners.
Pension tax allowance for low-income pensioners: AJ Bell's Rachel Vahey walks us through how it's going to work
Chancellor John Healey announced in his Autumn Budget speech a new Pension Tax Allowance for low-earning pensioners equal to the increased new state pension of £13,037. But what do advisers need to know about it and how is it going to work? AJ Bell’s Rachel Vahey walks us through the mechanics of it below. On […]
Coverage Details
Total News Sources9
Leaning Left1Leaning Right0Center6Last Updated86% Center
Bias Distribution
- 86% of the sources are Center
86% Center
14%
C 86%
Factuality
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