counter Pensioners to get £550 state pension boost next April but millions face new tax grab, Rachel Reeves confirms – Forsething

Pensioners to get £550 state pension boost next April but millions face new tax grab, Rachel Reeves confirms

STATE pensioners will get a bumper payment increase next year – but millions will face paying income tax on pensions from 2027. Up to 13million retirees will see their state pension rise by £550 per year to £12,548. Weekly payments for the full new state pension will go from £230 to £241, due to the…

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