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Burnham, Healey Promise Tax-Free State Pension for 820,000 Retirees

7/23/2026

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Summary

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Prime Minister Andy Burnham and Chancellor John Healey pledged that pensioners whose only income is the state pension will not pay tax.
The £12,547.60 state pension sits £22.40 below the £12,570 personal allowance and will be pushed above that threshold by the triple-lock from April 2027, potentially affecting about 820,000 retirees.
The Treasury said the exemption will be applied through Simple Assessment and will be detailed in due course.

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Story summary

Prime Minister Andy Burnham and Chancellor John Healey pledged that pensioners whose only income is the state pension will not pay tax.
The £12,547.60 state pension sits £22.40 below the £12,570 personal allowance and will be pushed above that threshold by the triple-lock from April 2027, potentially affecting about 820,000 retirees.
The Treasury said the exemption will be applied through Simple Assessment and will be detailed in due course.