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Brits tax-free Personal Allowance to rise to £20,070 tax-free – here’s why

The Personal Allowance remains frozen at £12,570, but people who rent out a room could benefit from up to £7,500 additional tax-free income under HMRC’s rent-a-room scheme — bringing total tax-free income to £20,070



Source link : https://www.dailystar.co.uk/news/latest-news/brits-tax-free-personal-allowance-37785424

Author : staronline@reachplc.com (Adam Cailler, Alex Evans)

Publish date : 2026-10-18 20:07:00

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