How to avoid tax creep in retirement

The state pension went up 8.5% in April, but frozen thresholds mean pensioners will be paying more tax

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NasdaqGS - NasdaqGS Real-time price. Currency in USD

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169.38

-3.31

(-1.92%)

At close: 04:00PM EDT

169.60

+0.22

(+0.13%)

After hours:

06:47PM EDT

In the money

Show:ListStraddle

Strike:135.00

Calls

19 April 2024

Puts

Last price	Change	% change	Volume	Open interest	Expiry date	Last price	Change	% change	Volume	Open interest
33.90	-5.34	-13.61%	1	71	2024-04-19	0.01	0.00	-	41	3,859
34.57	0.00	-	1	3	2024-04-26	0.03	0.00	-	81	218
34.35	0.00	-	1	7	2024-05-03	0.07	+0.02	+40.00%	3	124
-	-	-	-	-	2024-05-10	0.11	+0.05	+83.33%	5	51
34.75	-6.35	-15.45%	1	45	2024-05-17	0.18	+0.06	+50.00%	74	786
35.12	0.00	-	-	1	2024-05-24	0.20	+0.02	+11.11%	27	96
-	-	-	-	-	2024-05-31	0.33	+0.12	+57.14%	9	12
36.00	-3.99	-9.98%	3	3,804	2024-06-21	0.49	+0.13	+36.11%	68	13,969
43.96	0.00	-	9	58	2024-07-19	0.75	+0.18	+31.58%	75	1,081
37.60	0.00	-	1	157	2024-08-16	1.14	+0.26	+29.55%	8	3,384
38.67	-8.18	-17.46%	1	401	2024-09-20	1.43	+0.26	+22.22%	315	6,257
38.86	-7.64	-16.43%	1	17	2024-10-18	1.75	+0.25	+16.67%	11	3,260
47.95	0.00	-	7	95	2024-11-15	2.17	+0.25	+13.02%	6	1,430
41.65	+1.50	+3.74%	37	401	2024-12-20	2.60	+0.42	+19.27%	80	2,611
42.50	-3.36	-7.33%	13	9,474	2025-01-17	2.81	+0.55	+24.34%	177	16,641
50.02	0.00	-	3	78	2025-03-21	3.20	+0.38	+13.48%	1	2,020
52.50	0.00	-	1	554	2025-06-20	4.52	+0.43	+10.51%	12	3,124
48.70	0.00	-	1	50	2025-09-19	4.73	0.00	-	1	200
48.90	0.00	-	1	1,047	2025-12-19	6.38	+0.49	+8.32%	1	1,018
54.46	0.00	-	2	269	2026-01-16	6.65	+0.97	+17.08%	3	1,855
54.94	-3.56	-6.09%	2	431	2026-06-18	8.00	+1.28	+19.05%	32	1,180
57.45	-5.30	-8.45%	13	490	2026-12-18	8.47	0.00	-	1	594