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UK pensioners may face higher taxes in 2026 due to a 4.8% pension rise, sparking concern over tax brackets and potential rule changes.
UK state pensioners face a 4.8% increase in April 2026 due to the triple lock, potentially pushing some into higher tax brackets.
Financial experts warn that rising income could trigger higher tax bills, urging retirees to optimize tax-free allowances and use ISAs strategically.
Concerns grow over possible changes to pension tax rules, including the 25% tax-free lump sum, as speculation mounts ahead of the Autumn Budget.
A petition with 18,500 signatures calls for a Pension Tax Lock to protect tax benefits, but the government has declined to commit, instead deferring to a Pensions Commission assessing long-term system sustainability.
With 59% of Britons worried about reforms, experts stress that uncertainty may lead to premature withdrawals and undermine retirement planning.
Los pensionistas del Reino Unido pueden enfrentar impuestos más altos en 2026 debido a un aumento de las pensiones del 4,8%, lo que genera preocupación sobre los tramos impositivos y los posibles cambios en las reglas.