State pension payments go up in line with the triple lock (Image: Getty)

A campaign advocating for a huge rise in the personal allowance for state pensioners is gathering momentum. More than 24,000 people have signed a petition to Parliament setting out the proposal.

The petition demands a new tax code for state pensioners that would double their personal allowance. Currently, you can earn up to £12,570 annually without paying income tax due to the personal allowance. If doubled, this would increase to £25,140.

This would mean someone on the basic rate with an income above this larger threshold would pay £2,514 less in tax annually. The petition states: "If this was implemented, pensioners would receive a higher tax-exempt limit, but wealthier pensioners would still pay tax.

"We thin

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