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.

• From: HM Revenue & Customs
• Published: 8 July 2015

Documents

Income Tax: personal allowance indexation

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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.

Published 8 July 2015