Andy Burnham signals £12,570 threshold for paying income tax may rise in boost for millions
- Posted on July 20, 2026
- By Evening Standard
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- 1 min read
In brief
Andy Burnham's recent statements suggest potential adjustments to the UK's personal income tax threshold, currently set at £12,570. This policy shift could provide substantial financial relief to millions of middle and lower-income earners. Simultaneously, the Prime Minister has indicated willingness to increase tax rates for higher earners, signaling a progressive approach to fiscal policy aimed at balancing revenue generation with cost-of-living support.
Summary auto-generated by AI from the original publisher's content. Editorial standards.
Andy Burnham signals £12,570 threshold for paying income tax may rise in boost for millions
The new Prime Minister has also hinted that taxes on the better off could go up
