personal allowance

• Two-thirds of the financial benefit from raising the national insurance personal allowance will go to better off households
• Average annual wage will fall by £552 this year compared to 2021 under the Chancellor’s plans
• Chancellor should have penalised DP World by withdrawing public contracts

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Married couples and those in civil partnerships could reduce their Income Tax by up to £252 a year by sharing their Personal Allowances.

From: HM Revenue & Customs

Nearly 1.8 million married couples and those in civil partnerships are using Marriage Allowance to save up to £252 a year in Income Tax, HM Revenue and Customs (HMRC) has announced.

Summer has always...