UK taxpayers

HMRC Income tax personal allowance could rise from £12,570 to £20,000
Finance

HMRC Income Tax Personal Allowance Could Increase from £12,570 to £20,000

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The HMRC Income Tax Personal Allowance may increase from £12,570 to £20,000 after a petition with over 133,915 signatures. This change could benefit low earners and pensioners, reducing benefit dependency and stimulating economic growth, pending parliamentary debate.