Politics · 10 hours ago
Healey's plan to shield 1M pensioners from new income tax
Graphic: BriefTea
The state pension rises 3.9% from April to £13,036, taking it above the £12,570 tax-free personal allowance for the first time. Chancellor John Healey is understood to plan raising the allowance to £13,036, for low-income pensioners only. Bigger benefit changes, including possible cuts to disability payments for younger claimants, are likely to come after the Budget rather than at it.
Reported by The Independent · How we write briefs