yoteki

Economy

Economy

UK retirees with no other income will not pay tax on new state pension

The Guardian

No 10 has promised that retirees will be shielded from paying tax on the full new state pension following wage growth data triggering a triple lock increase.

  • UK average wages rose 3.9% in the three months to July
  • Government promises pensioners will not pay tax on the full new state pension in 2027

That's all the important news for now

Everything above cleared the significance threshold. You're free.