To thank working Brits for delivering pensioners with inflation-busting pay rises for 15 years, the Government will give them the pleasure of funding pensioner tax avoidance
The social contract has never been healthier
NEW - Pensions minister Torsten Bell confirms that pensioners who ‘just exceed’ personal allowance when state pension rises WON'T have to pay small amounts of tax this parliament
“In line with the commitment made at Budget 2025, pensioners who only just exceed the personal allowance will not have the administrative burden of paying small amounts of tax in this Parliament.
“Chx will set out further details on how that commitment will be delivered at the Budget.”