Published 2 months ago

UK's Sunak proposes tax cuts for pensioners in new election pledge

The Conservatives pledge to cut taxes for pensioners with a new "age-related" tax-free allowance, known as "triple lock plus."
Currently, pensioners can receive £12,570 annually tax-free, aligning with the personal allowance for workers.
Rishi Sunak stated the move reflects support for pensioners, providing peace of mind in retirement.

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BBC News

General election: Tories announce 'Triple Lock Plus' pension allowance

The Conservatives pledge to raise the tax-free pension allowance by at least 2.5% a year if they win the election.

2 months ago·United Kingdom

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The Independent

Pensioners would get a £2.4bn income tax break under the Tories, Sunak to vow

The new ‘triple lock plus’ would ensure pensioners’ tax free allowance rises in line with the highest of earnings, wages or 2.5%.

2 months ago·London, United Kingdom

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Reuters

UK's Sunak proposes tax cuts for pensioners in new election pledge

British Prime Minister Rishi Sunak on Monday proposed tax cuts for millions of pensioners in his latest campaign pledge, highlighting the importance of older voters in the upcoming July election.

2 months ago·United Kingdom

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Daily Express

Pensioners could be handed a £275-a-year tax cut under Conservative pla...

The Prime Minister hopes the bold tax cut will boost the Tory election campaign

2 months ago·United Kingdom

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The Star Kuala Lumpur

UK's Sunak proposes tax cuts for pensioners in new election pledge

(Reuters) - British Prime Minister Rishi Sunak on Monday proposed tax cuts for millions of pensioners in his latest campaign pledge, highlighting the importance of older voters in the upcoming July election. Read full story

2 months ago·Malaysia

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