£20,000 Personal Tax Allowance Milestone Reached as UK Government Issues Update

£20,000 Personal Tax Allowance Milestone Reached as UK Government Issues Update

The idea of a £20,000 personal tax allowance is certainly eye‑catching. For millions of workers and pensioners across the UK, the personal allowance determines how much income you can earn before paying Income Tax. So when headlines suggest a £20,000 milestone has been reached, it naturally raises questions. Has the tax‑free allowance actually risen to … Read more