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State Pension Tax Trap Ahead | Leeds News
Published 2 weeks, 1 day ago
Description
State pensions are nearing the tax threshold, risking unexpected bills for retirees with additional income. The government promised relief for those relying solely on state pensions, but details are still pending. Withdrawals from private pensions can quickly push you into higher tax brackets—basic, higher, or even top rates—so careful planning is essential to avoid costly surprises.
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