Income tax threshold explained – and what the basic rate is now
Income tax threshold explained – and what the basic rate is now
How much is the basic rate of income tax right now? (Picture: Getty)
The old adage says there are only two certainties in life: death and taxes.
But as part of today’s Autumn Statement, Chancellor Jeremy Hunt announced yet more changes to taxes, which will come into effect from April 2023.
Taking the completely opposite approach to former Chancellor Kwasi Kwarteng (who tried and failed to abolish…