
We want the government to introduce a new tax code for state pensioners, set at double the basic threshold. If this was implemented, pensioners would receive a higher tax-exempt limit, but wealthier pensioners would still pay tax.
Rachel Reeves
Chancellor
Raise the personal tax allowance to the state pension rate
Increase Personal Income Tax allowance to £14,000 to cover the State Pension
Increase the personal tax allowance for single adult households to £15,000
Raise the standard tax-free Personal Allowance to £45,000
Increase the personal tax-free allowance to £26000
We want the government to introduce a new tax code for state pensioners, set at double the basic threshold. If this was implemented, pensioners would receive a higher tax-exempt limit, but wealthier pensioners would still pay tax.
Raise the personal tax allowance to the state pension rate
Increase Personal Income Tax allowance to £14,000 to cover the State Pension
Increase the personal tax allowance for single adult households to £15,000
Raise the standard tax-free Personal Allowance to £45,000
Increase the personal tax-free allowance to £26000