Thursday, 29 October 2026

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Income tax: Healey’s budget leaves thresholds frozen again. How much more will you pay?

Tax policy means freezes reduce take-home pay as earnings rise in line with inflationIncome tax thresholds are set to remain frozen after John Healey’s first budget as chancellor.One of the biggest tax rises in recent years has happened without a change in the rates at which people are taxed on their incomes. Instead it has come from successive government decisions…

Tax policy means freezes reduce take-home pay as earnings rise in line with inflationIncome tax thresholds are set to remain frozen after John Healey’s first budget as chancellor.One of the biggest tax rises in recent years has happened without a change in the rates at which people are taxed on their incomes. Instead it has come from successive government decisions…

Read the full story on Business | The Guardian

Source: Business | The Guardian

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