tripleslock on Birmingham Dailyhttps://birminghamdaily.co.uk/tags/tripleslock/Recent content in tripleslock on Birmingham DailyHugo -- gohugo.ioen-usThu, 30 Apr 2026 05:33:55 +0000State Pensioners Born 1951-1960 Face Increased Risk of HMRC Tax Bills Due to Frozen Allowanceshttps://birminghamdaily.co.uk/state-pensioners-born-1951-1960-face-increased-risk-of-hmrc-tax-bills-due-to-frozen-allowances/Thu, 30 Apr 2026 05:33:55 +0000https://birminghamdaily.co.uk/state-pensioners-born-1951-1960-face-increased-risk-of-hmrc-tax-bills-due-to-frozen-allowances/State pensioners born between 1951 and 1960 are increasingly at risk of paying income tax on their state pension due to the combined effects of the Triple Lock increase and frozen personal allowance thresholds. The full New State Pension now stands at £12,547 annually, nearly matching the Personal Allowance income tax threshold of £12,570—which has been frozen until 2031. The Triple Lock guarantees annual pension increases based on earnings growth, Consumer Price Index (CPI) inflation, or 2.