General election latest: Parties make final campaign pitches with two days until polling day - BBC

by Ben King

In his interview earlier, Sir Keir Starmer was asked by BBC political editor Chris Mason: "Will people pay income tax on the state pension under Labour?"

"The position for pensioners in relation to tax will be exactly as it is now," Starmer replied.

"That could mean yes, couldn’t it, in future?" Mason asked.

"That is the position set out in the last Budget under this government and that will remain the position," Starmer said.

BBC Verify has looked at this issue before. The position after the last Budget was that pensioners relying solely on the state pension were on course to potentially pay income tax in 2027-28, because the state pension in that year (£12,578) is forecast to marginally overtake the tax-free personal allowance (£12,570).

But at the end of May, the Conservatives pledged to raise this personal allowance for pensioners only to £13,710 by 2027-28 to protect them from paying this tax on their state pensions.

The policy is called "triple lock plus" and, in his BBC interview, the Labour leader did not commit to match it.

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2024-07-02 21:33:45Z
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