HMRC income tax exemption confirmed for one group of households under Andy Burnham

NewsCost Of LivingHMRCMr Burnham has confirmed the policy06:44, 27 Jul 2026State pensioners born before 1960 will be given a special HMRC income tax exemption under new Labour Party Prime Minister Andy Burnham.‌Amid fears the triple lock will drag state pension payments over the £12,570 personal tax-free allowance threshold, Mr Burnham has confirmed he'll stick to Rachel Reeves, the former Chancellor, promise of no tax for people living solely on the state pension.‌A House of Commons report released on July 11 stated: "All the participants mentioned the low level of understanding about pensions among the entire pre-retirement population, not just younger people. Terminology needed to be simplified (SERPS, for example) and there needed to be campaigns to encourage people to start thinking a