Budget 2026: Poorest pensioners shielded from income tax

City AM ·
Economy Personal Finance United Kingdom
United Kingdom

Chancellor John Healey has confirmed he will shield low-income retirees from income tax as the state pension is set to rise above the personal allowance threshold next year, in a move expected to cost the government around £200m a year by 2030. Healey said the government would protect nearly one million pensioners who are dependent [...]

Read original article on City AM →