The change will add £361 a year to the old basic pension and £473 to the new state pension.
15th October 2024
The change will add £361 a year to the old basic pension and £473 to the new state pension.
With most pensioners paying tax, and more than half next year’s rise simply keeping pace with inflation, most pensioners will still be worse off overall in real terms if they...
Just over 1 in 5 of all pensioners have state pensions above the income tax threshold.
When given four options, 39% selected the incorrect definition of the three factors that make up the triple lock, while 26% admitted they did not know.
Pensioners would get a personal tax allowance that rises in line with the triple lock under the new scheme.
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