Multiple reports say Andy Burnham has reversed plans to increase the personal allowance, which would have allowed more people to earn up to a higher threshold without paying income tax. As a result, this year an estimated additional one million workers and pensioners are expected to pay income tax. The articles frame the change as a policy backtrack, indicating that the personal allowance increase will not go ahead as previously intended, reducing the number of people who qualify for the tax-free amount. With the allowance remaining lower than planned, more earners who would have fallen below the higher threshold now cross into taxable income. The coverage also highlights that the impact is not limited to workers, as pensioners are included among those expected to be affected by the altered allowance. Together, the sources describe a shift in income tax liability driven by a change in the planned personal allowance for the current year.
Burnham backtracks on personal allowance plan, bringing more taxpayers into income tax
Multiple reports say Andy Burnham has reversed plans to increase the personal allowance, which would have allowed more people to earn up to a higher threshold without paying income tax. As a result, t...
- Andy Burnham backtracks on plans to increase the personal allowance.
- The personal allowance increase is expected not to take effect as previously planned.
- About one million additional people, including workers and pensioners, are expected to pay income tax this year.
- The change means more people fall above the tax-free threshold and enter taxable income.
A million more workers and pensioners will have to pay income tax this year as Andy Burnham backtracks on his plans to increase the personal allowance.
4 hours agoA million more workers and pensioners will have to pay income tax this year as Andy Burnham backtracks on his plans to increase the personal allowance.
4 hours ago
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