Quote:
Originally Posted by Carth
haha, that 'triple lock' will soon see even the poorest pensioners paying tax.
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Not until 2027.
Next year the (new) pension goes up to £12,548, while the tax allowance is £12,570, so it will still be just under.
Even in 2027, its only going to go slightly over the limit, so the tax to be paid will be small (less than £100 per year).