Pensioners: Taxation

(asked on 27th April 2023) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, how many people of state pension age will start to pay tax for the first time on their pensionable income due to the freezing of the personal allowance at £12,570 following the increase of the state pension by 10.1 per cent.


Answered by
Victoria Atkins Portrait
Victoria Atkins
Secretary of State for Health and Social Care
This question was answered on 9th May 2023

The Government is committed to ensuring that older people are able to live with the dignity and respect they deserve, and the State Pension is the foundation of state support for older people.

The Personal Allowance (PA), the amount of income that each individual may receive before paying income tax is currently set at a level high enough to ensure that those pensioners whose sole income is the new State Pension or basic State Pension do not pay any income tax.

The Government publish estimates of the number of income taxpayers who are above the state pension age. This is available in National Statistics Table 2.1 Number of individual income taxpayers available on GOV.UK here https://www.gov.uk/government/statistics/number-of-individual-income-taxpayers-by-marginal-rate-gender-and-age.

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