HMRC Set to Collect £700 From 29 Million UK Households Due to Frozen Tax Thresholds Friday, May 1, 2026 hmrc tax personalallowance fiscaldrag inflation incometax taxthresholds pensions ukfinance taxincrease HM Revenue & Customs (HMRC) is poised to collect an additional £700 from millions of UK households, all because tax thresholds have been frozen since April 6, 2021. The personal allowance — the amount of income you can … Read More