New State Pensioners Without Additional Income Receive Significant Tax Relief from Labour Saturday, December 6, 2025 pensions tax statepension retirees income budget2025 labour taxation allowances ukgovernment Pensioners receiving only the new state pension will not be required to pay income tax to HM Revenue and Customs (HMRC), even if their pension payments exceed the Personal Tax-Free Allowance. The Department for Work and … Read More