Skip to content
Breathing space on a State Pension: what the 2026 Budget gives a pensioner couple heating with gas

Breathing Space On A State Pension: The 2026 Budget For A Pensioner Couple On Gas

What the 2026 Budget does for a couple living only on the full new State Pension, £25,095 a year between them, heating a home with gas at 13,375 kWh a year and running a petrol car for 4,000 miles. A ledger from the Treasury’s own document: the £100 Household Energy Payment, 0% VAT on electricity, the fuel duty cut, the gas standing charge moving into the unit rate, which costs a high gas user money, and the Gas Shipper Obligation moving to general taxation, which for once helps. Then the things that do not show on a bill: an income £119 a week too high for Pension Credit and the help with glasses that comes with it, a mandatory eyesight check for older drivers under consultation, fiscal drag that takes their room under the Personal Allowance rather than cash, a Pension Tax Allowance patching it that runs out a year before the freeze does and taxes a £790 workplace annuity that indexing would have left alone, the Triple Lock adjustment from April 2030 worth £15 billion a year to the Treasury by the late 2030s, and the insulation and heat pump money that would have helped them most, cut or taxed.

28th October 2026 Â· 17 min Â· 4069 words Â· Damien Dye