Budget 2025: 10m UK Pensioners Face Income Tax as Threshold Freeze Turns Winter Fuel Payment into a Stealth Tax
London – 25 November 2025 On the eve of Rachel Reeves’ Autumn Budget, pensioners are at the centre of a growing political and financial storm. New modelling suggests up to 10 million UK pensioners could be paying income tax by 2030 if the Chancellor extends the freeze on income tax thresholds — a policy already being branded a “stealth tax” on retirees.IFA Magazine+1 At the same time, analysis shows that many of those same pensioners are on course to hand back their £200 Winter Fuel Payment through extra income tax, as a frozen tax-free personal allowance collides with an inflation-busting