questionText: To ask the Chancellor of the Exchequer, if he will make an assessment of the potential merits of exempting state pension from tax; and if he will make an assessment of whether state pension should be classified as income.
answerText: The Personal Allowance is currently set at a level high enough to ensure that those pensioners whose sole income is the full rate of the new State Pension or basic State Pension do not pay any income tax. The Government keeps all aspects of the tax system...
heading: State Retirement Pensions: Taxation