
With the cost of living still high, we believe there’s strong cross-party and public pressure for tax relief.
Rachel Reeves
Chancellor
Raise the income tax personal allowance from £12,570 to £20,000
Increase the personal tax allowance for single adult households to £15,000
Raise the standard tax-free Personal Allowance to £45,000
Increase the Personal Allowance to £16,000 and link it to inflation
Increase Personal Income Tax allowance to £14,000 to cover the State Pension
With the cost of living still high, we believe there’s strong cross-party and public pressure for tax relief.
Raise the income tax personal allowance from £12,570 to £20,000
Increase the personal tax allowance for single adult households to £15,000
Raise the standard tax-free Personal Allowance to £45,000
Increase the Personal Allowance to £16,000 and link it to inflation
Increase Personal Income Tax allowance to £14,000 to cover the State Pension