Tag: tax threshold
Pensioners’ tax fears as allowance to remain frozen until 2028
The Government has confirmed that the Personal Allowance threshold is to remain frozen at £12,570 until 2028 – meaning millions could be dragged into tax …
Income tax cut, NI slashed and VAT down – What Rachel Reeves’ Budget didn’t do
This Budget marks the highest tax increase we’ve seen in decades despite income tax, NI and VAT remaining unchanged for “working people”. …
HMRC could ‘write off’ some state pensioners’ tax bills – but experts issue warning
Hundreds of thousands of pensioners face being dragged into the tax system due to frozen personal allowances …
State Pension increase to £924.60 a month could mean tax blow, warns expert
New figures revealed that the average regular earnings growth has shot up to 4.5 per cent meaning pensioners could be due a bumper rise …
