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People on New and Basic State Pension could avoid tax bill if Personal Allowance unfrozen at Budget this week
The Personal Allowance has been frozen at £12,570 since the 2021/22 financial year.
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The Personal Allowance has been frozen at £12,570 since the 2021/22 financial year.
Full ArticleAn estimated 800,000 State Pensioners will be ‘dragged into paying income tax’ after the April uprating.
The New and Basic State Pensions will rise by 8.5 per cent in April as a result of the Triple Lock policy.