UK PM Rishi Sunak proposes tax cut for pensioners in election pledge, introducing age-related allowance.

UK's Prime Minister Rishi Sunak has proposed a tax cut for millions of pensioners in his latest election pledge, highlighting the importance of older voters in the upcoming July election. Sunak's Conservative Party plans to introduce a new age-related allowance, providing pensioners with a tax cut of around £100 ($128) in 2025, rising to almost £300 ($375) a year by the end of the next parliament.

May 27, 2024
49 Articles