UK Labour’s ‘Retirement Tax’
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UK Labour’s ‘Retirement Tax’ Could Cut Your State Pension – How to Prepare!
Anthony Lane
The UK "Retirement Tax" could see pensioners paying more tax as state pensions rise above the frozen £12,570 tax-free allowance. With more retirees at risk of unexpected tax bills, understanding the implications and proactively managing your finances is crucial. Learn how to use tax-efficient savings, adjust pension withdrawals, and claim additional benefits to minimize your tax burden. Stay informed and plan ahead to protect your retirement income.