State pension: Britons warned about key tax rules which could see them face a bill | Personal Finance | Finance


Britons should note this figure could be more or less for them personally, dependent on a variety of other factors.

While tax is not deducted from the state pension, payments may have an impact on tax liabilities.

This is because the state pension will use up some of a person’s tax-free allowance for the year.

MoneyHelper, the Government-backed service, has broken down key figures for Britons to bear in mind.

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