“(1) The Chancellor of the Exchequer must, within three months of this Act being passed, publish a review of the expected impact of section 1 of this Act on those over State Pension age.

(2) The review must include analysis setting out, for the tax year 2024-25—

(a) the total number of people over the State Pension age paying tax under section 1, and

(b) the average tax liability per person of those in subsection (2)(a).

(3) For comparative purposes, the review must take account of equivalent projected figures to those in subsections (2)(a) and (2)(b) for the tax years 2025-26, 2026-27 and 2027-28.”—(James Murray.)

This new clause requires a review of how many pensioners will be liable to pay income tax this year and in each of the next three years, and what the average pensioner’s tax bill will be in each of those years.

Brought up, and read the First time.

Question put, That the clause be read a Second time.