Economics ❯Income Distribution

Pension Income

Minimum Pensions Tax Policy Tax-Free Income Council Tax Burden Tax Thresholds Low-Income Support Regional Disparities Average Pension State Benefits Minimum Wage

Nine million pensioners to receive HMRC tax letters as pension growth outstrips frozen allowance

Triple lock uprates have pushed the full state pension past the frozen £12,570 threshold, triggering minimal tax demands from HMRC.