Written Question·Treasury·UIN 11042

Pensioners: Tax Rates and Bands

Tabled: 24 October 2024

Answered: 1 November 2024

Question

Lee Anderson

To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of introducing a higher tax threshold for pensioners.

Answer

James Murray

The Government is committed to making sure older people can live with the dignity and respect they deserve in retirement. The income tax Personal Allowance will continue to exceed the basic and full new State Pension in 2024-25. This means that pensioners...

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