HMRC WARNING: Labour Tax On Pensions Imminent As Personal Allowances Hit ‘CLIFF EDGE’

Pensioners could soon face a tax bill on their state pension for the first time as forecasts show it will come within pennies of the personal allowance threshold.

By April 2026, the full new state pension is projected to reach £240.90 per week, making the annual amount just 15p below the tax-free threshold of £12,570.

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