Three ways to combat Labour’s ‘retirement tax’ set to affect 8million pensioners

MILLIONS of pensioners will see their income hit by Labour’s ‘retirement tax’, but there are ways to minimise the impact on your finances.

Earlier this week The Sun exclusively revealed 8.2million people over the age of 60 will be dragged into paying income tax by 2027/28 under government plans.

GettyMillions of pensioners will be forced to pay income tax for the first time[/caption]

The government’s decision to continue the freeze on tax thresholds, coupled with high inflation...