A petition has called for pensioners to have a different tax code (Image: Getty)

The Government has provided an update after calls to double the tax threshold for pensioners. Campaigners are pushing for a new tax code specifically for retired individuals, which would grant them a higher tax-free income allowance.

Across the UK, those receiving the State Pension are presently obliged to pay income tax if their total income surpasses their personal tax allowance. For the majority of people, this threshold stands at £12,570 per year.

This permits individuals to collect £12,570 annually from their pension without facing taxation. The identical principle is applicable to most employed individuals.

Nevertheless, any income above £12,570, whether from employment or State Pension, is subject

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