Retirement expert warns frozen Personal Allowance will see New State Pension exceed tax threshold
The annual State Pension uprating is on course to be higher than the £12,570 personal tax allowance.
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The annual State Pension uprating is on course to be higher than the £12,570 personal tax allowance.
Full ArticleThe Personal Allowance has been frozen at £12,570 since 2021 and is expected to remain at that threshold until 2028.
People about to claim their state pension may find themselves suddenly paying a large amount of tax thanks to the personal..