Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
National
Matt Mathers

‘1.2m’ pensioners dragged into paying income tax since Boris Johnson elected in 2019

Getty Images/iStockphoto

Pensioners are being warned that the taxman will take his "chunk" of their increasing state benefit as analysis shows thousands of over 65's will be forced to pay income tax this year.

Some 400,000 pensioners will pay income tax this year because of the government pausing thresholds, according to analysis by the LCP consultancy firm.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.