UK Government Moves to Raise Personal Tax Allowance from £12,570 to £20,000

UK Government Moves to Raise Personal Tax Allowance from £12,570 to £20,000

A major shift in the UK tax landscape could be on the horizon. Reports that the Government is moving to raise the Personal Tax Allowance from £12,570 to £20,000 have sparked widespread interest among workers, pensioners and small business owners alike. For years, the personal allowance threshold has remained frozen at £12,570. With wages rising … Read more