State Pension Increase Faces Setback Amid 'Stealth Tax' Findings

Thursday, 28 March 2024, 08:24

A study highlighted a concerning impact on pensioners as the state pension is set to rise by 8.5 percent in April but may effectively be 'wiped out'. The revelation of Jeremy Hunt's 'stealth tax' casts a shadow on the pension increase affecting many across the country.
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State Pension Increase Faces Setback Amid 'Stealth Tax' Findings

State Pension Triple Lock Impact

A new study uncovers alarming findings that may impact pensioners significantly.

Key Highlights:

  • State Pension Increase: Expected to rise by 8.5 percent in April.
  • Stealth Tax Discovery: Jeremy Hunt's new tax may wipe out pensioners' increases.

Many pensioners are facing uncertainty as financial implications arise with the state pension increase and the 'stealth tax' revelation.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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