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Pension planning about to get doubly attractive as Income Tax freeze looms | Personal Finance | Finance

| UPDATED: 22:45, Fri, Mar 12, 2021 Link copied Make the most of your money by signing up to our newsletter for FREE now SUBSCRIBE Invalid email When you subscribe we will use the information you provide to send you these newsletters. Sometimes they ll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. The tax year end is approaching, and changes to Income Tax rate bands will come into effect. The Personal Allowance, for instance, will rise from the current £12,500 by 0.5 percent to £12,570.

Rishi Sunak may introduce stealth changes to income tax bands in upcoming March budget

| UPDATED: 17:25, Wed, Feb 10, 2021 Link copied Make the most of your money by signing up to our newsletter for FREE now SUBSCRIBE Invalid email When you subscribe we will use the information you provide to send you these newsletters. Sometimes they ll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. Rishi Sunak has repeatedly stated he would do whatever it takes to keep the economy afloat in the face of coronavirus impacts. According to the ONS, this sentiment could end up resulting in public spending ballooning to £393.5billion by the end of March.

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