Freeze on Income Tax and NI thresholds to end, Reeves says

2024-10-30 22,194

Chancellor Rachel Reeves announces the freeze on income tax and national insurance thresholds, put in place by the previous government, will not be extended.

She says a continuation would ‘take more money out of working people’s payslips', but confirms personal tax thresholds will be updated in line with inflation in 2028. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

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