Income Tax: Tax Allowances
(asked on 4th February 2025) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether her Department plans to increase the Income Tax Personal Allowance.
This question was answered on 12th February 2025
At our first Budget, we decided not to extend the freeze - implemented by the previous Government - on the Personal Allowance. As a result, the Personal Allowance will rise with inflation from April 2028.