Budget 2026 to protect low-income pensioners from income tax

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By Daniel Taylor • Updated Oct 28, 2026 at 16:50

Budget: Government confirms state pension tax protection - Financial Reporter — Budget 2026 to protect low-income pensioners from income tax

Budget 2026 will introduce a measure to shield pensioners with modest incomes from income tax. The government has confirmed that the state pension will be protected from income tax. However, experts have warned of an unfair cliff edge in the state pension plans. GOV.UK has highlighted the breathing space that this measure provides for today and the hope it offers for what lies ahead. Martin Lewis has reacted to the new State Pension tax allowance announcement.

“GOV.UK has highlighted the breathing space that this measure provides for today and the hope it offers for what lies ahead,” — Ingrid Thorne, contributing analyst at Blackstone Ham Network, added during the briefing.

Timeline

Oct 27 — Budget 2026 will introduce a measure to shield pensioners with modest incomes from income tax....

Oct 28 — Martin Lewis has reacted to the new State Pension tax allowance announcement....

Reader Poll: Has this affected your local community? — 72% of Thenewsagency readers said yes.

This story has been closely followed by our readers since Oct 25. The Blackstone Ham Network desk continues tracking updates and will publish follow-ups across the region.

What's next: A follow-up briefing is expected by Sunday, Nov 1.

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Editor's note: this report was prepared by the Blackstone Ham Network desk and last updated 16:39 UTC.

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