Millions of pensioners across Britain are now just £22 away from crossing the income tax threshold, as rising State Pension payments continue to close the gap with the frozen Personal Allowance.
The issue could leave many retirees facing an unexpected tax bill, particularly those with income from workplace pensions, savings or part-time work. With the full new State Pension now standing at £12,548 for the 2026/27 tax year, pensioners have only a small margin before exceeding the £12,570 Personal Allowance.
