Personal Tax threshold still froe

Graywisdom

It is nice to have a 'fairly good' increase in State pensions. But still the ogre of the Personal Allowance continues to appear. Even a paltry rise of £500 would be a token in the right direction. 
I expect that if things don't go well for the Government in the next few months,  shortly before the next Election, Hunt ( of who may be the next chancellor!) will announce the freeze has been  cancelled.

af1963

My guess would be that the limit will remain frozen until it exactly matches the full new state pension, and will then increase in line with that. Avoids pensioners complaining about being deprived of part of their triple lock increase by having it taxed.

Flugelhorn

absolutely zilch from the  autumn statement (no state pension) - no tax cut on my other pension humph

Sea_Shell

Flugelhorn said:

absolutely zilch from the  autumn statement (no state pension) - no tax cut on my other pension humph

Nowt for me either.   But at least the annual SP increases are "baked in" for when I eventually get it.... in 2038


ETA - ISA changes might be of help, being able to split deposits across providers 

MikeJXE

Graywisdom said:

It is nice to have a 'fairly good' increase in State pensions. But still the ogre of the Personal Allowance continues to appear. Even a paltry rise of £500 would be a token in the right direction. 
I expect that if things don't go well for the Government in the next few months,  shortly before the next Election, Hunt ( of who may be the next chancellor!) will announce the freeze has been  cancelled.

You could be right there 

Whatever happens next I don't think will be enough to get them over the line at the next GE

The mess the country is in is mostly down to them and they need punishing 

I have always voted conservative but not next time

xylophone

Avoids pensioners complaining about being deprived of part of their triple lock increase by having it taxed.

It strikes me that if somebody has a full NSP in 2024, it would only take a very modest additional income (annuity perhaps or very small workplace pension of  just under £100  a month) to take him into basic rate tax.

MikeJXE

xylophone said:

Avoids pensioners complaining about being deprived of part of their triple lock increase by having it taxed.

It strikes me that if somebody has a full NSP in 2024, it would only take a very modest additional income (annuity perhaps or very small workplace pension of  just under £100  a month) to take him into basic rate tax.

Thats very true I have state pension plus £1250 annual work place pension and pay tax to the tune of about £250 per year, it's been going up for the last couple of years