Chancellor Rachel Reeves has said that people whose only income comes from the state pension will not have to pay tax. The ...
In the next few years, millions of retirees will be dragged into owing income tax on their state pensions. As the state ...
Personal finance expert has warned that State Pension recipients with any additional income will face tax from 2027 due to ...
Rachel Reeves has been accused of creating a “two-tier” tax system for pensioners that punishes workers with a private ...
Such a sum would normally be collected by the ‘Simple Assessment’ process where HMRC does all the calculations and sends the ...
"And as the State Pension must rise by a minimum of 2.5 per cent because of the triple lock and the personal allowance is frozen until 2031 by definition from 2027, someone on the new full State ...
Welcome to your weekly update from the Allen & Overy Pensions team, covering all the latest legal and regulatory developments in the world of workplace pensions. This week we cover topics including: ...
The idea of exempting certain pensioners from income tax risks creating new unfairness and complexity, according to LCP ...