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The Independent UK
The Independent UK
Business
Liam Gilliver

Little-known HMRC ‘loophole’ to earn £18,570 a year without paying a penny in tax

HMRC Martin Lewis Pensions
Brits are being told to check whether they are eligible for a £6,000 tax-free boost. - ((Alamy/PA))

Brits are being urged to check out a little-known HMRC hack to earn £18,570 a year without having to pay any tax.

The UK income tax personal allowance is the amount you can earn from your work, pension, or savings interest that you do not have to pay income tax on. For most people, this has been frozen at £12,570 since April 2021 and is legislated to stay capped until at least April 2028.

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