The one thing the chancellor didn't mention that will affect your pay

Income tax thresholds, which have been frozen under successive chancellors, are expected to start to rise again after 2031.
John Healey may not have mentioned this change in his Budget speech - after all, it is still some way off - but according to the documents released by the Office for Budget Responsibility (OBR) this policy, which has been shaving additional tax off people's take-home pay for the past five years, is scheduled to end.
The proportion of your income that is taken in tax will continue to go up over the next four years in line with decisions made in previous Budgets.
Lanjutkan membaca di BBC Business
Kutipan awal dari BBC Business, ditulis oleh Lucy Hooker. Hak cipta artikel milik penerbit.
:strip_icc():format(webp)/kly-media-production/medias/9384543/original/048525700_1793175418-WhatsApp_Image_2026-10-28_at_13.00.55.jpeg)

:strip_icc():format(webp)/kly-media-production/medias/3337097/original/098406000_1609328704-20201230-Rupiah-Ditutup-Menguat-6.jpg)
