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Millions of Pensioners to Pay Income Tax Next Year as Labour’s ‘Retirement Tax’ Takes Effect
Millions of retirees in the UK are set to be dragged into paying income tax on their state pensions as early as April 2026, as frozen tax thresholds collide with the rising value of the state pension.
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State pension payments face 'retirement tax' under Labour as pensioners urged to 'set aside a bit' of savings
Millions of UK pensioners will be forced to pay income tax on their state pension from April 2026, according to new analysis ...
State pensioners face 'retirement tax' under Labour but HMRC 'may decide not to pursue it'
The state pension will rise to £12,631 next year, pushing it above the frozen personal allowance threshold of £12,570 for the ...