More and more pensioners are being dragged into paying tax each year after the Conservative Government “changed the goalposts”, an expert has warned. An estimated 900,000 people who solely get the state pension are set to be taxed in the 2024/25 financial year. Many other retirees who assumed they would be below the tax threshold are edging closer to, and in some cases breaching, the personal allowance, which is frozen at £12,570 until 2028. Nearly one million of those who claim the marriage allowance, which allows a low earner to transfer part of their personal allowance to a basic rate taxpa…
