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"So as state pension income is taxable, that means without any question the following year (unless something changes), those ...
HMRC is offering a tax-free Personal Allowance of up to £20,070 for households who take part in a rental scheme and declare ...
A fresh petition to raise the HMRC income tax personal allowance threshold from £12,570 to £20,000 has started, due to ...
With the personal allowance currently at £12,570, the state pension has historically been free of income tax for everyone.
The marriage allowance permits up to 10% of a spouse’s or civil partner’s unused personal allowance to be transferred, which can reduce the other partner’s tax bill by up to £252 per tax year.
The state pension is set to rise by 4.7% next April, according to new figures, in a boost for millions of older Brits ...
At present, increases to the state pension are decided by either inflation, wage growth or 2.5 per cent – whichever is the highest. That is to ensure pensioners’ income doesn’t leave them trailing as ...
"Indeed, we know for certain that someone who has no other income aside from the new state pension will be a taxpayer come April 2027. It is already the case that nearly three quarters of all ...
The triple lock guarantees the state pension goes up by whichever is higher out of inflation (using the previous September ...
Millions of state pensioners could see their payment rates rise by more than £500 from next April, based on official wage ...
The personal tax allowance has been frozen at 12,570 since 2021 - a situation that has been described as 'ridiculous' ...
The figure for average wage growth was today confirmed as 4.7% and as inflation is forecast to stay below this for the rest ...
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