The true cost of Burnham’s tax unfreeze - for taxpayers and the Treasury
Your donation allows us to keep sending journalists to speak to both sides of the story.The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. For those in the higher tax rates (up to £100k), the savings would be £192, which would then taper down for anyone earning between £100k and £125,140.“These amounts aren’t life-changing, but they would undoubtedly be a nice boost.
- ▪Your donation allows us to keep sending journalists to speak to both sides of the story.The Independent is trusted by Americans across the entire political spectrum.
- ▪And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls.
- ▪For those in the higher tax rates (up to £100k), the savings would be £192, which would then taper down for anyone earning between £100k and £125,140.“These amounts aren’t life-changing, but they would undoubtedly be a nice boost.
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MoneyThe true cost of Burnham’s tax unfreeze - for taxpayers and the TreasuryThe personal allowance has been frozen for five years, pulling more people into paying taxKarl Matchett Business and Money Editor Tuesday 21 July 2026 08:21 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"showComments":true,"showBookmark":true,"articleId":"CF1:3017968To1","articleMeta":{"url":"https://www.independent.co.uk/money/andy-burnham-income-tax-free-personal-allowance-salary-b3018585.html","title":"The true cost of Burnham’s tax unfreeze - for taxpayers and the Treasury"}}Burnham vows to correct 'wrong turns' of Thatcher's…
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