US EditionWhat the frozen Personal Allowance and Higher Rate tax threshold means for you - Grunberg & Co
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What the frozen Personal Allowance and Higher Rate tax threshold means for you - Grunberg & Co
The UK Personal Allowance and the start of the Higher Rate tax threshold have been frozen at £12,570 and £50,271 until April 2028. These thresholds have been frozen since April 2021 and many feel they are long overdue an update. While this means that taxpayers below the Additional Rate tax threshold (those that do not have taxable income exceeding £125,140) do not have to track any changes to their tax bands, there are many who are at risk of fi…
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