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UK income tax thresholds frozen for three more years

The income level at which people start paying tax and the level at which they move into the higher rate will both stay unchanged for three more years.

1 min readമലയാളം
BBC Business

The UK's income tax thresholds have been frozen for another three years. The freeze applies both to the point at which people begin paying tax and to the point at which they move into the higher rate.

The measure was not highlighted in the chancellor's announcement, but it will affect how much of people's pay they keep as wages rise.

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