The freeze on income tax thresholds has been extended to the 2030-2031 tax year, a move expected to generate £7.6 billion in revenue by 2030 and increase the number of UK taxpayers. This means that the current income tax bands will remain unchanged until April 2031 for taxpayers in England, Wales and Northern Ireland. Scotland's income tax bands are determined by the Scottish government. Historically, thresholds were raised each year in line with Consumer Prices Index (CPI) inflation, thus more

Tag-uri: Inflatie