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Transcripts For BBCNEWS BBC 20240702

to increase the personal tax allowance for pensioners if they win the general election. they say the proposal would be worth £275 a year to each pensioner by the end of the decade. under the plans, the state pension would always remain below the tax free threshold. rishi sunak says the scheme shows the conservatives are on the side of pensioners but labour have called it desperate . rishi sunak will be out campaigning in the midlands today. let s get more on this with nick eardley. what do you love about it? how do you win over older voters? it s a question politicians ask themselves a lot. pensioners tend to get out and vote. so today, an offer from the conservatives, that the basic state pension will never be liable for income tax. the simple fact is that this tax change, this triple lock plus, will mean going forward that millions of pensioners, eight million pensioners, in fact, will be paying less tax than they would otherwise be paying. and that is clearly a tax cut

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