Finance Bill: New Clause 1 - Review of impact of section 1 on recipients of the full rate of the new state pension
I beg to move, That the clause be read a Second time.

Clause text:

New Clause 1 - Review of impact of section 1 on recipients of the full rate of the new state pension
“(1) The Chancellor of the Exchequer must, within three months of this Act being passed, publish a review of the expected impact of section 1 of this Act on recipients of the full rate of the new state pension.
(2) The review must include analysis setting out, for the tax year 2025-26—
(a) the total number of people in receipt of the full rate of the new state pension paying tax under section 1 of this Act, and
(b) the tax liability of state pension income under section 1 of this Act of those in subsection (2)(a).
(3) For comparative purposes, the review must take account of equivalent projected figures for subsections (2)(a) and (2)(b) for the tax years 2026-27, 2027-28, 2028-29 and 2029-30.”—(James Wild.)