Get all your news in one place.
100's of premium titles.
One app.
Start reading
Daily Mirror
Daily Mirror
Business
Alice Haine

How to slash your income tax burden - before crucial deadline in just four weeks

With just one month to go until the end of the financial year at midnight on April 5, taxpayers across the country need to get up to speed with the raft of tax changes coming into force.

The end of this tax year is arguably one of the most important ever after Rishi Sunak and Jeremy Hunt chose to freeze most personal tax thresholds until 2028 and reduce several key allowances.

This means pay rises - which were running at 7.3% in the private sector and 4.2% in the public sector in October to December - will lead more workers to pay more tax on their incomes, with cuts to certain allowances raising the tax burden even further.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.