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UK budget gives lowest-income pensioners new tax-free allowance

Original: uk budget pensioner tax allowance

The UK budget includes a new tax-free allowance aimed at state pension recipients on the lowest incomes, according to consumer group Which?. The measure would shield the poorest pensioners from income tax on their state pension as thresholds shift. Discussion is focused on how the allowance works, who qualifies, and whether it fairly protects pensioners while other taxpayers face frozen thresholds.

Why now: The UK budget has just announced a new tax-free allowance for low-income state pensioners, prompting debate about tax and retirement incomes.

UK governmentWhich?state pensionersHM Treasury

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• State pension recipients with the lowest incomes given new tax-free allowance · Which?

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