Almost 18 million more people will pay income tax by 2027
15 April 2025
An estimated 17.9 million Britons will be dragged into paying the basic rate of income tax by 2027/28 as a result of the freeze on income tax thresholds, new figures have revealed. A Freedom of Information request to HM Revenue & Customs by Quilter, shows that of the total 17.9 million, up to 11.6...
