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State pension and Saving starter rate
SloughSally
Posts: 26 Forumite
For every £1 state pension eventually goes over £12570 your starter savings rate (£5000) will reduce by £1 .
So in effect the extra 3 years of freezing personal allowance by Reeves and this shambles will end up making pensioners with very small savings and solely on state pension pay tax .
I hope Martin brings this up the next time he talks to Rachel from accounts
So in effect the extra 3 years of freezing personal allowance by Reeves and this shambles will end up making pensioners with very small savings and solely on state pension pay tax .
I hope Martin brings this up the next time he talks to Rachel from accounts
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