Changes Coming to the State Pension in 2026 – What Pensioners Need to Do.

Описание: Changes Coming to the State Pension in 2026 – What Pensioners Need to Do.

In April 2026, the UK State Pension is expected to increase by around £575, making it one of the largest rises seen in recent years. While this boost will help many pensioners with everyday living costs, there is an important issue to be aware of.
Because income tax thresholds remain frozen, millions of pensioners could soon find themselves paying tax — even if their income is relatively modest. This is not due to higher wealth, but because the tax system has not moved in line with rising pensions.
In this video, from Retire Wise UK explains what is changing, why it matters, and what practical steps you can take now to stay informed and in control of your finances.
Topics covered include the 2026 State Pension increase, the frozen Personal Allowance, the £12,570 tax threshold, and why concerns around pension taxation are growing.
Disclaimer:
This video provides general guidance only, based on publicly available UK tax rules and official statements for the 2025/26 tax year. It is not personal financial advice.
Official GOV.UK links referenced in this video (UK – 2025/26 rules)
🔍 Check your State Pension
State Pension forecast
https://www.gov.uk/che...
(Shows how much you’re expected to receive and your State Pension age.)
🧾 Check your National Insurance record
National Insurance contributions record
https://www.gov.uk/che...
(View your full years, any gaps, and whether topping up could help.)
Voluntary National Insurance contributions (Class 3)
https://www.gov.uk/vol...
(Explains when filling gaps may increase your State Pension.)
💷 Income tax basics for pensioners
Personal Allowance and tax bands
https://www.gov.uk/inc...
How tax is applied to pensions
https://www.gov.uk/tax...
HMRC Simple Assessment
https://www.gov.uk/sim...
(How tax may be collected without Self Assessment.)
💰 Savings interest and tax
Tax rules on savings interest
https://www.gov.uk/app...
🧓 Pension Credit (often unclaimed support)
Pension Credit: eligibility and how to claim
https://www.gov.uk/pen...
Independent, trusted guidance (non-sales)
MoneyHelper
https://www.moneyhelpe...
(Free, impartial help with pensions, tax, benefits, and scams.)
Pension Wise
https://www.moneyhelpe...
(Specialist pension guidance for people aged 50+.)
Support & advice for older people
Age UK
https://www.ageuk.org.uk
(Benefits checks, money advice, care and housing support.)
Independent Age
https://www.independen...
(Financial help, benefits advice, and older people’s rights.)
Citizens Advice
https://www.citizensad...
(Advice on tax, pensions, benefits, debt, and consumer issues.)
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