Treasury Responds to Calls for Income Tax Threshold to Rise for Pensioners

Treasury responds to calls for income tax threshold to rise for pensioners

Next year's state pension rise could see some retirees becoming liable for an income tax bill

State pensioners assured some won’t face tax bills next year, but others will

The Treasury has confirmed which pensioners won’t have to pay income tax next year State pension amounts are creeping closer to the personal allowance threshold which could soon make pensioners liable for income tax bills simply by claiming their state pension. This has sparked calls from pensioners, campaign groups and ministers alike for the tax rules to be altered, at least for those in retirement. Independent MP James McMurdock questioned th…