Thousands of people have signed petitions calling for a higher HMRC personal allowance for pensioners following an update from the Chancellor Rachel Reeves on the state pension increases.

Addressing MPs, Chancellor Rachel Reeves said that pensioners wouldn't be made to pay small amounts of tax on their state pensions if they exceed the £12,570 limit.

But, it wasn't clear how that would work, or if it would involve an increase in personal allowance.

Speaking to Martin Lewis, Ms Reeves clarified, saying: "We are working on a solution as we speak, to ensure that we're not going after tiny amounts of money."

News! From 2027, the full new state pension will be higher than the tax-free allowance, so tax is due. The Chancellor had said people wouldn’t need to do assessments, but on my show to

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