Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what estimate the Treasury has made of the additional income tax collected from pre-2016 State Pensioners as a result of the frozen personal allowance.
Revenue estimates from, and individuals impacted by frozen thresholds are set out by the Office for Budget Responsibility in Table A of their November 2025 Economic and fiscal outlook, and Table 3.19 of the detailed forecast table of receipts:
Office for Budget Responsibility – Economic and fiscal outlook – November 2025
Office for Budget Responsibility - Economic and fiscal outlook detailed forecast tables: receipts
Those whose sole income is the basic or full new State Pension without any increments will not pay any income tax in 2026/27.