Personal allowance and higher-rate threshold to increase 0.5%
Ashish Patani2021-04-13T14:29:47+01:00A 0.5% increase to the personal allowance and higher-rate of income tax will be in place from 6 April 2021, according to the Treasury. Both thresholds will increase in line with the Consumer Prices Index (CPI) rate of inflation figure for September 2020, which was 0.5%. This means the personal allowance will [...]