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State pension tax: Experts warn John Healey's plan creates unfair two-tier pension system
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GB News
State pension tax: Experts warn John Healey's plan creates unfair two-tier pension system
Labour’s commitment to protect pensioners who rely entirely on the state pension from paying income tax has been criticised by pensions experts.
They warn it could create inequities between retirees with similar incomes.
Chancellor John Healey reaffirmed the pledge yesterday following concerns that the state pension could rise above the frozen income tax personal allowance from April next year.
The Treasury said: “…
25 Jul, 10:08