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Financially Empowered: New Push for Massive £15,597 Personal Allowance Boost

Published 2 days ago1 minute read
Precious Eseaye
Precious Eseaye
Financially Empowered: New Push for Massive £15,597 Personal Allowance Boost

A new online petition is gaining traction, calling for a significant increase in the personal tax allowance and the higher income tax threshold in the UK. Created by Andy Hobson, the petition proposes raising the personal tax allowance from its current £12,570 to £15,597 and the higher income tax threshold from £50,271 to £62,379.02. The rationale behind these proposed changes is to provide individuals with more disposable income to manage bills and reduce reliance on government assistance, arguing that a frozen tax-free allowance amidst rising costs leads to people becoming

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