£12,570 personal tax threshold Martin Lewis work warning to state pensioners

Teona Gherasim

Martin Lewis has issued a warning to state pensioners, alerting them that they could face paying tax for the first time. The personal finance expert addressed the concern whilst answering a viewer's question on the Martin Lewis Money Show Live on ITV last night. There are growing reports suggesting Chancellor Rachel Reeves will freeze income tax thresholds at next week's Budget . The lowest tax threshold of £12,570 has remained frozen since 2021 - and Ms Reeves is reportedly considering

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