Healey is expected to shield low-income pensioners from income tax – but how will it work?
Retirees will get a personal allowance aligned with the new state pension, but experts say it could get complicatedRetirees in the UK on low incomes are expected to be given a new personal allowance so that they do not have to hand any of their state pension to HMRC.The full details are due to be… Sources: The Guardian.