£30,000 tax-free allowance ‘not risen since 1988’ and ‘should be £85,000’ as 51,000 in UK affected in one month
It has remained unchanged for 38 years and one expert said it should now be £85,000The limit hasn’t changed for nearly four decades(Image: imageBROKER/Audtakorn Sutarmjam via Getty Images)Employers in Great Britain notified 50,904 proposed redundancies in September 2026, the most in a month since October 2020, while the tax-free limit on redundancy pay has not changed since April 1988.
Share:
WhatsApp
Comments (0)
No comments yet. Be the first to share your opinion!