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Millions of pensioners are being warned to be prepared to pay income tax over the coming years.

The state pension rate is set to pass the personal allowance tax threshold in 2027 under current rules.

That means even the poorest pensioners whose sole income is the state pension face being taxed.

READ MORE: Keir Starmer confirms new cost-of-living payments for households on these benefits

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It comes amid growing calls for the Government to address this so-called 'stealth tax' which critics claim is unfairly targeting retirees.

Frozen tax bands mean the state pension has been creeping ever closer to the £12,570 threshold over the last few years.

Next year's pension increase means the amount will come on

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