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Healey is expected to shield low-income pensioners from income tax – but how will it work?
UK NewsPolitics•October 26, 2026 at 1:25 PMNational

Healey is expected to shield low-income pensioners from income tax – but how will it work?

By Hilary Osborne•The Guardian - UK News

Retirees will get a personal allowance aligned with the new state pension, but experts say it could get complicatedRetirees in the UK on low incomes are expected to be given a new personal allowance so that they do not have to hand any of their state pension to HMRC.The full details are due to be revealed by the chancellor, John Healey, in Wednesday’s budget, but here is what we know so far. Continue reading...

Retirees will get a personal allowance aligned with the new state pension, but experts say it could get complicated

Retirees in the UK on low incomes are expected to be given a new personal allowance so that they do not have to hand any of their state pension to HMRC.

The full details are due to be revealed by the chancellor, John Healey, in Wednesday’s budget, but here is what we know so far.

Continue reading...

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