State pensioners face tax bills for their state pension payments from 2027 even if they have no other income following an announcement by Chancellor Rachel Reeves .

While many do not realise that state pension payments have always been liable for Income Tax, and this has not changed, those who received a full state pension (either new or basic) have never exceeded the £12,570 Personal Allowance threshold before.

For that reason, those with no other income have never owed any tax on their state pension payments alone, apart from in a few specific circumstances like the pre-97 pension.

However, that could be set to change from 2027 following the Autumn Budget announcements on Wednesday.

Chancellor Rachel Reeves confirmed two key things in her speech: that the Triple Lock is

See Full Page