PARLIAMENTARY WRITTEN QUESTION
(2 February 2026)
Question Asked
To ask the Chancellor of the Exchequer, whether she has made an assessment of the potential merits of excluding the state pension as a form of taxable income.
Asked by:
Patrick Hurley (Labour)
Asked by:
Patrick Hurley (Labour)
Answer
Exempting the State Pension from income tax entirely would reduce tax receipts substantially undermining the public services we all rely on – especially the NHS.
However, I can confirm that those whose sole income is the basic and full new State Pension, without any increments, will not pay any income tax this tax year or next.
Furthermore, the Chancellor has said that those whose only income is the basic or new State Pension without any increments will not have to pay income tax over this Parliament.
The Government will set out more details in due course.
Answered by:
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