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The Independent UK
The Independent UK
National
Vicky Shaw

Frozen taxes set to raise £25bn by 2027-28, says think tank

Foundation Resolution Foundation The Resolution Foundation Inflation Adam Corlett Income Tax
PA Archive

High inflation has pushed up the projected revenue take from the Government’s personal tax threshold freeze to £25 billion by 2027-28, according to a think tank.

With the 2023/24 tax year starting on April 6, the Resolution Foundation analysed the personal tax and benefit changes taking effect.

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