Poorest pensioners will be let off income tax under new rules revealed in Budget - but some face a 53% sting
10h agonow
What the source said
“Poorest pensioners will be let off income tax under new rules revealed in Budget - but some face a 53% sting”
John Healey plans to create a new Pension Tax Allowance of £13,036, the same as the full new state pension rate from next April, instead of the £12,570 for everyone else.
Read at Daily Mail – NewsReported by one source so far. It is confirmed when a second, independent source reports the same thing.