650,000 More Pensioners Now Hit By ‘Labour’s Retirement Tax’

Thousands more retirees will now be hit with income tax bills on their state pension as a new round of increases comes into force today, new analysis has revealed. From today (Sunday), the full “new” state pension will rise to £11,973 a year, putting it dangerously close to the frozen tax-free personal allowance of £12,570. As reported … Continue reading 650,000 More Pensioners Now Hit By ‘Labour’s Retirement Tax’