Policy paper

Income Tax: personal allowance indexation

This tax information and impact note applies to Income Tax payers, and those whose income is close to the Income Tax threshold.

Documents

Details

This measure will ensure that the personal allowance automatically increases in line with the equivalent of 30 hours a week at the National Minimum Wage once the personal allowance has reached £12,500.

Updates to this page

Published 8 July 2015

Sign up for emails or print this page