UK Raises Personal Tax Threshold to £20,000 – A Win for Low-Wage Earners
Introduction The UK government has announced a significant increase in the personal tax threshold to £20,000, a move that will benefit millions of low-wage earners across the country. This change means that individuals will be able to earn up to £20,000 per year tax-free, reducing the financial burden on many households. This article explores the … Read more