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State Pension 'Urgent' Warning as Thousands to Pay New Tax
Up to one million UK pensioners may pay income tax by 2027 due to pension rises exceeding the £12,570 personal allowance, HMRC and OBR analysis shows.
Summary by Liverpool Echo
4 Articles
4 Articles
State pensioners face ‘huge and unwelcome’ tax bill after April change
Chancellor Rachel Reeves provided an update about state pension changes State pensioners could suddenly find themselves liable for a new tax bill. An MP has voiced concerns that some claimants may have “no idea” they will soon be required to complete an HMRC form to pay a tax bill. The update follows Dr Luke Evans, MP for Bosworth, recently querying Chancellor Rachel Reeves about the issue of increasing numbers of state pensioners becoming incom…
Coverage Details
Total News Sources4
Leaning Left0Leaning Right2Center1Last UpdatedBias Distribution67% Right
Bias Distribution
- 67% of the sources lean Right
67% Right
C 33%
R 67%
Factuality
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