View Image

Rachel Reeves has made a tax promise to millions of state pensioners.

Frozen tax bands meant more pensioners faced the prospect of paying income tax over the next couple of years.

The state pension rate is due to pass the personal allowance - the point at which someone starts paying tax - in 2027.

READ MORE: December bonus payments for everyone claiming PIP, DLA and Attendance Allowance

Get our best money saving tips and hacks by signing up to our newsletter

Chancellor Rachel Reeves has now announced people whose sole income is the state pension will not have to pay tax.

However, those with only small private pensions will be taxed.

Working people who earn the same amount as these pensioners will also have to pay income tax, which could spark accusations of favourable t

See Full Page