Rachel Reeves is considering extending the freeze on income tax thresholds which could push more people into paying higher rates. The Chancellor is reportedly preparing to prolong the freeze beyond the planned end date of 2028 as she battles to fix the public finances, according to the FT. Thresholds normally rise in line with inflation but Rishi Sunak imposed a freeze in 2021 to claw back cash after the Covid pandemic. It means more people are dragged into paying income tax - and higher

Tag-uri: Inflatie Coronavirus