Freeze on income tax thresholds ‘will wipe out energy bill cut’
- Posted on April 6, 2026
- By The Times
- 0 Views
In brief
The freeze on income tax thresholds in the 2026 tax year will significantly impact hundreds of thousands of UK taxpayers, particularly in London and southeast regions. As wages increase but tax bands remain static, more workers will be pushed into higher tax brackets, effectively eroding any financial gains from recent energy bill reductions. This fiscal drag represents a substantial concern for middle-income households facing bracket creep without corresponding threshold adjustments.
Freeze on income tax thresholds ‘will wipe out energy bill cut’
New tax year changes 2026: hundreds of thousands of taxpayers will be dragged into higher bands, especially in London and the southeast
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