The tax -free Personal Allowance has remained frozen for years and will stay fixed at its paltry £12,570 threshold for at least another five years after the Government extended the freeze once again, including this Monday. It's been locked at its current rate since 2021 and won't budge until 2031. This means, due to 'fiscal drag', increasing numbers of workers will find themselves handing over more tax on their income, as salaries rise with inflation , dragging more earners into the tax net and

Tag-uri: Inflatie