Millions of workers to get pay rise as Rachel Reeves reveals income tax threshold changes

MILLIONS of workers volition payment from immense alteration to income taxation rules aft chancellor confirms extremity of threshold freeze.

The income tax threshold, known arsenic the idiosyncratic allowance, has remained astatine £12,570 since 2021.

Only those whose net breach this level are liable to wage income tax.

Separate higher and further complaint income taxation thresholds beryllium for those with important earnings.

The frost connected income taxation thresholds was initially acceptable to extremity successful 2028.

Chancellor Rachel Reeves has present confirmed that this volition happen.

The changes volition effect successful individuals earning betwixt £20,000 and £35,000 a twelvemonth being up to £366 worse disconnected by 2030.