{"id":157004,"date":"2025-11-27T22:13:09","date_gmt":"2025-11-27T22:13:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/157004\/"},"modified":"2025-11-27T22:13:09","modified_gmt":"2025-11-27T22:13:09","slug":"martin-lewis-issues-state-pension-warning-after-budget-news","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/157004\/","title":{"rendered":"Martin Lewis issues state pension warning after Budget | News"},"content":{"rendered":"<p><a href=\"https:\/\/www.independent.co.uk\/topic\/martin-lewis\" rel=\"nofollow noopener\" target=\"_blank\">Martin Lewis<\/a> has issued a <a href=\"https:\/\/www.independent.co.uk\/bulletin\/news\/budget-pensioners-state-pension-rise-income-tax-b2873200.html\" rel=\"nofollow noopener\" target=\"_blank\">key state pension update<\/a> during his <a href=\"https:\/\/www.independent.co.uk\/topic\/budget\" rel=\"nofollow noopener\" target=\"_blank\">Budget<\/a> special on Thursday, 27 November.<\/p>\n<p>The state pension will rise by 4.8% in April 2026, meaning that the new state pension will increase to \u00a312,547.60 a year \u2014 just below the frozen personal allowance tax threshold at \u00a312,570.<\/p>\n<p>The MoneySavingExpert quizzed <a href=\"https:\/\/www.independent.co.uk\/topic\/rachel-reeves\" rel=\"nofollow noopener\" target=\"_blank\">Rachel Reeves<\/a>, putting a question to her from a viewer who asked whether her 85-year-old father living with dementia would have to complete a tax return as his state pension will take him over the personal allowance.<\/p>\n<p>&#8220;If you just have a state pension&#8230; We are not going to make you fill in a tax return of any type&#8230; In this parliament, they won&#8217;t have to pay the tax,&#8221; the chancellor said.<\/p>\n","protected":false},"excerpt":{"rendered":"Martin Lewis has issued a key state pension update during his Budget special on Thursday, 27 November. The&hellip;\n","protected":false},"author":2,"featured_media":157005,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[138,246,111,139,69,244,245],"class_list":{"0":"post-157004","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-business","9":"tag-finance","10":"tag-new-zealand","11":"tag-newzealand","12":"tag-nz","13":"tag-personal-finance","14":"tag-personalfinance"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/157004","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=157004"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/157004\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/157005"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=157004"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=157004"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=157004"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}