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Personal Allowance

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Old Aug 14, 2008 | 09:10 AM
  #1  
Kamike's Avatar
Kamike
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Default Personal Allowance

Does anyone know if personal allowance is being upped in the next few months. Iv been told that the tax codes are changing so you will have a higher allowance that you dont pay tax on but i cant find any info to back up what iv been told. Any one else heard this??
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Old Aug 14, 2008 | 09:46 AM
  #2  
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any tax break will be minimal remember what they give you they also take away with a hidden increase else where.
The uk government is more skint than we are they have no money to give back
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Old Aug 14, 2008 | 10:55 AM
  #3  
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Iain Mac
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Don't know if it has already been done or is about to be done. They said they were increasing the personal allowance so the new 20% starting point made up for the loss of the 10% band. At the same time they were/are reducing the 40% starting point so that only basic-rate payers are compensated for the Labour Government's fuck-up.
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