Chancellor Rachel Reeves announced a freeze in income tax thresholds (Image: PA)
Chancellor Rachel Reeves announced a freeze in income tax thresholds in her Budget today (November 26). The Chancellor has frozen income tax thresholds for an additional three years, despite saying last year that to do so would "hurt working people".
The Office for Budget Responsibility's (OBR) report on the chancellor's budget has been released online earlier than planned, in a seemingly unintentional leak . The report would normally only be released after the chancellor has finished speaking, and already outlined all the measures of the budget.
The income tax personal allowance, the higher-rate threshold and additional-rate threshold are frozen at £12,570, £50,270 and £125,140, respectively, until 203

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