UK state pension will surpass income tax threshold next year

United Kingdom

What to know

  • Labour pledge to keep state pension out of tax has put pressure on chancellor John Healey to raise allowance or find workaroundS1
  • It comes as a major update to State Pension payments was issued this morningS2
  • Some pensioners will be dragged into paying income tax – but there are exemptionsS3
  • The new state pension will potentially break through a barrier next April - but next month's figures are keyS4
Timeline · newest first
1mo Financial Times

UK state pension will surpass income tax threshold next year

Labour pledge to keep state pension out of tax has put pressure on chancellor John Healey to raise allowance or find workaround

1mo Manchestereveningnews

DWP warned over tax 'sting' as State Pension payments expected to rise by £500

It comes as a major update to State Pension payments was issued this morning

1mo Independent

Will I pay income tax on my state pension after £489-a-year rise?

Some pensioners will be dragged into paying income tax – but there are exemptions

1mo Feedburner:daily Express News Showbiz

State pension key October date as rise to £13k confirmed

The new state pension will potentially break through a barrier next April - but next month's figures are key

UK state pension will surpass income tax threshold next year

4 outlets 4 reports

What to know

  • Labour pledge to keep state pension out of tax has put pressure on chancellor John Healey to raise allowance or find workaroundS1
  • It comes as a major update to State Pension payments was issued this morningS2
  • Some pensioners will be dragged into paying income tax – but there are exemptionsS3
  • The new state pension will potentially break through a barrier next April - but next month's figures are keyS4
Timeline · newest first

Sources · 4 citations

S1 Financial Times 1 report · EN
S2 Manchestereveningnews 1 report · EN
S3 Independent 1 report · EN