HMRC estimates 8.7 million pensioners will pay tax for the 2025/26 financial year. Economics
Frozen tax thresholds have pushed people into higher brackets as their pay has increased. Economics
The DWP has issued a warning to those over the age of 66. Additional 420,000 pensioners are set to pay income tax this year, it has been warned Economics
The number of Brits who will be hit by the higher rate of income tax - which is currently 40% - is set to rise with the number of pensioners above state pension age Economics
The Personal Allowance will be frozen at £12,570 until April 2028. Economics
An online petition is also urging the UK Government to increase the Personal Allowance to £15,000. Economics