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Martin Lewis has provided an update for those concerned about potential tax implications on the new State Pension following last week's Budget. Chancellor Rachel Reeves announced last week that the lowest income tax threshold, currently at £12,570, would be frozen until 2031.
This implies that if the triple lock remains in place, the new State Pension will exceed this threshold by 2027, potentially leading to people with only that income having to pay tax on it. A viewer named Kevin posed a question on the Martin Lewis Money Show Live on ITV last night, asking: "Following on from your show on Thursday |I have been trying to find out if a pensioner who receives the State Pension and their other income is all tax free (ie from ISA's or Premium Bonds or under the savings al

Manchester Evening News

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