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Tax Allowance Freeze Hits Pensioners | Leeds News
The personal tax allowance, frozen at $12,570 since 2021, is now hitting millions—especially pensioners—hard as inflation erodes real take-home pay. With costs rising and incomes stagnant, even part-time work can push people over the threshold. Experts argue the allowance should be around $16,000 to reflect inflation, and while the government admits the issue needs fixing, any adjustment could cost billions. The upcoming budget will decide: broad raise, targeted boost for seniors, or no change at all. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn…
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