State pension increases to help offset age related taxes
According to the Tax Incentivised Savings Association (TISA), increases in the basic state pension as well as increases to the personal allowance will help offset the recent Budget freeze in age related allowances, also referred to as the ‘granny tax’. George Osborne’s decision to freeze the additional age related personal allowance will cost pensioners £1.25 billion.
← Ratings agencies need more transparency House prices fall sharply →
