shrinking tax base suggests personal allowance is generous enough /

Published at 2017-06-01 22:03:03

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With the lowest-paid exempt from income tax and the higher-paid able to dodge it,those on PAYE are a sitting targetAt first glance, the latest income tax figures from HMRC make encouraging reading for anyone who believes in equality.
Since 2013/
14, or around 300000 people on low incomes no longer pay the 20p basic rate of tax,mostly thanks to the annual increases in the threshold at which people start paying income tax implemented by the preceding government and the coalition before it.
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Source: theguardian.com

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