160,000 more people set to lose tax-free allowance this year
8 March 2026
An estimated 160,000 more people are expected to lose all or part of their tax-free personal allowance in the current tax year and a greater number of individuals are being dragged into the 45% tax band, new figures show. According to a Freedom of Information request by NFU Mutual, an estimated 1.18 million people...
