Autumn Budget 2018 – Income Tax Rates & Allowances

By P&A Knowledge Team · 31 October 2018 · Posted in Income Tax

The Chancellor has confirmed that from 2019-20 the personal allowance will increase to £12,500 (an increase from the current £11,850 allowance) and the basic rate limit to £37,500. As a result, the higher rate threshold will increase to £50,000 from CONTINUE READING