Millions of state pensioners could soon find themselves paying back the entire value of their winter fuel payment in income tax, new analysis has warned. Rising state pension rates and frozen tax thresholds mean older people may lose much of the support designed to help them through the winter. Financial experts say the problem will only get worse over the next few years as the state pension continues to climb under the triple lock .

By 2029/30, many pensioners on the full new state pension will be paying around £200 a year in tax, which is almost exactly the same as the standard £200 winter fuel payment. The change hinges on one key move being considered for the Budget . Analysts say that if the Government extends the freeze on income tax thresholds, pensioners will steadil

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