New call for all State Pension payments to be exempt from income tax threshold

dailyrecord.co.uk:

A new online petition is calling for State Pension payments to be disregarded as income for the personal tax allowance, which has been frozen at £12,570 since the 2021/22 financial year and will remain at that level until April 6, 2028.

Petition creator David Bresnahan argues that it is “wrong to tax the State Pension”. The ‘make the State Pension tax exempt’ petition has been posted on the petitions-parliament website and states: “We want the [UK] Government to make the State Pension tax exempt and not impact the tax threshold.

We think it is wrong to tax the State Pension.” At 10,000 signatures of support, it will be entitled to a written response from the UK Government, at 100,000, the Petitions Committee would consider it for debate in Parliament.

The New and Basic State Pensions will rise by 4.1 per cent from April 7 while additional elements are set to increase by 1.7 per cent.