State Retirement Pensions: Income Tax

(asked on 2nd November 2026) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what estimate he has made of the number of people over State Pension age who will become liable for income tax for the first time in each tax year from 2027–28 to 2030–31.


Answered by
Torsten Bell Portrait
Torsten Bell
Parliamentary Secretary (HM Treasury)
This question was answered on 10th November 2026

Estimates of the projected number of income taxpayers, including the number taken out of income tax by the Pension Tax Allowance, are available within the OBR’s October 2026 Economic and fiscal outlook – detailed forecast tables: receipts, linked below:

OBR’s October 2026 Economic and fiscal outlook (table 4.18)

This Government is introducing the Pension Tax Allowance to reduce the administrative burden for some pensioners who would otherwise have a small amount of tax to pay. Most pensioners already pay tax on their income, including their State Pension where applicable. These figures capture those who are taken out of income tax as a result of the Pension Tax Allowance across this parliament.

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