It’s a pretty regressive tax break. If you’re concerned about providing relief there’s far more effective ways of doing it than giving everyone a tax cut. I don’t need a tax cut, my kids do need teachers
Disagree, everyone is at 12k and increased that band in line with inflation would take that close to 20k. Immediately helping low earners.
The issue also relates to welfare system because, with the tax-free limit so low, in some cases it costs people more to work longer hours.
Some people choose to remain reliant on the state rather than themselves because work really doesn’t pay for those people.
The tax band freezes and pensions threshold are also forcing people into retirement and this is an issue particularly in the NHS.
More growth = more tax receipts. We’re barely keeping our heads above 0% growth.