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Last night (Thursday, November 27), Martin Lewis sat down with Chancellor Rachel Reeves to break down the detail of the Autumn Budget.

The finance guru was left stunned by one clarification over how the Budget will impact State Pensioners in 2026.

During a special ITV episode of The Martin Lewis Money Show, the pair discussed the upcoming changes to Income Tax.

READ MORE: Everything you should know as £575 extra confirmed for millions of state pensioners

Anyone who received a full state pension (either new or basic) has never exceeded the £12,570 Personal Allowance threshold before, sparing them from Income Tax.

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

Reeves confirmed the Labour Party's commitment to the Tr

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