House of Commons Library briefing paper: Income tax - increases in the personal allowance since 2010
Released 15 November 2018
The House of Commons Library has published a briefing paper discussing Government policy since 2010 to increase the basic personal allowance and higher rate threshold.
The note discusses the Coalition Government's policy over 2010-15 to increase the basic personal allowance each year, with the aim that the allowance should reach £10,000 by 2015, before looking at the current Government's approach to increasing both the personal allowance and the higher rate threshold - the point at which individuals start to pay the 40% top rate of tax.
View the paper at Income tax : increases in the personal allowance since 2010.