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The Independent UK
The Independent UK
Business
Karl Matchett

Why you could pay income tax on your state pension even if the triple lock ends

Income Tax Andy Burnham Rachel Reeves

The state pension is set to rise by £489 next year – but may drag pensioners into paying tax.

The new amount means the total income for someone receiving a full state pension will now be above the tax-free personal allowance for the first time.

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