Saturday, 10 January 2026

The diminution of the age related tax free allowance

Also known as the how the old got poor.

It was well recognised during "austerity" as they liked to call it that those who lived long enough to get a pension should not get it tax free.

Signing up to the triple lock whilst removing any age related tax free allowance has ensured pensions are now taxable.

They always have been but we're largely lower than the tax free allowance. Now they are higher.

What a cruel twist of political fate that pensioners decided which government got elected and both shafted them.

That's one thing the politicians agreed on. 

Get their vote.....😘

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