If you’re a pensioner and don’t think you earn enough to pay income tax, make doubly sure that’s still true. In 2010, when the Tories came to power, around 4.5 million retirees paid income tax. Today, nine million will.

Incredibly, an extra 650,000 will start paying tax this year, thanks to Rishi Sunak and Jeremy Hunt‘s decision to freeze income tax thresholds until 2028.

The full new state pension pays £11,502 a year. Pensioners who get the maximum amount only need to earn another £1,068 to…