State Retirement Pensions: Taxation

(asked on 26th February 2026) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential merits of exempting the state pension from taxation.


Answered by
Torsten Bell Portrait
Torsten Bell
Parliamentary Secretary (HM Treasury)
This question was answered on 4th March 2026

Exempting the State Pension from income tax entirely would undermine the public services we all rely on, including the NHS.

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