State pensioners with no other income will not have to pay tax
Source: BBC
Chancellor Rachel Reeves has said that people whose only income comes from the state pension will not have to pay tax.The state pension is set to rise above the normal level for paying tax in April 2027, due to increases in payments and tax thresholds being frozen.But Reeves has confirmed that anyone who receives the state pension but no other income will not have to pay income tax before 2030.The annoucement has…
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