'Tax bombshell' warning issued to more than one million people
Published
The personal allowance threshold, the rate at which people start paying tax, has been frozen at its April 2021 level of £12,570.
Full ArticlePublished
The personal allowance threshold, the rate at which people start paying tax, has been frozen at its April 2021 level of £12,570.
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The latest Department for Work and Pensions figures show that 12.7 million Britons now receive the state pension
Around 900,000 people in receipt of the State Pension may need to pay tax for the 2024/25 financial year.