Tag: Triple lock
State pensioners face £8,000 drop in payments as ‘many won’t see it coming’
State pension payments increased 4.1% this month in line with the triple lock …
Rachel Reeves’ stealth tax raid that will cost pensioners £3,000
Rachel Reeves has said the income tax threshold will remain frozen until April 2028, with pensioners forced to pay more in a ‘stealth raid’ many won’t have planned for. …
State pension age countdown for everyone born after 1960
Those born after 1960 begin the countdown for their state pensions as the finish line draws nearer. …
Pensioner squeeze – spending money after essentials hits decade low
The average retiree now has just £569 a week – or £29,588 a year …
Over 5,900 sign petition for State Pension increase to match National Living Wage in UK
The calls come as Labour has pledged to increase the State Pension by an annual triple lock guarantee until 2027 …
DWP issues update on raising tax allowance for state pensioners
State pension payments increased 4.1% this month …
Millions of State Pensioners to pay tax after freeze
The UK Government has pledged to maintain the Triple Lock, however, many will instead be thrown into paying more tax due to allowance freezes still in place …
Government confirms 2025 pension rate rise date as Liz Kendall issues triple lock update
State pensioners could see an extra £472 a year, officials from the Department for Work and Pensions said …
State pension warning as 650,000 hammered by ‘retirement tax’ from Sunday
Thousands more pensioners will be forced to pay income tax as new measures come into force this month. …
State pensioners facing ‘retirement tax’ over rise coming in days
Some pensioners already pay tax on their state pension, especially if they have delayed their claim or are eligible for the Additional State Pension. …