Headline: UNCAPTIONED: Burnham Backs Away From Income Tax Allowance Change
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Burnham Backs Away From Income Tax Allowance Change. Prime Minister Andy Burnham has played down suggestions that his government will increase the tax-free personal allowance in the next Budget. Burnham had previously said concerns about the frozen £12,570 threshold were on his mind after campaigning in the Makerfield by-election. But he has since indicated that any change would be costly and difficult given the state of the public finances. People close to the prime minister say raising the personal allowance is not part of his government's immediate plans to tackle the cost of living. Burnham has pledged to stick to Labour's fiscal rules and has ruled out increasing the main rates of income tax while economists estimate lifting the threshold freeze could cost up to £9 billion a year.
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Keywords: Current Affairs & Politics,Andy Burnham,Prime Minister,UK,played down,suggestions,government,increase,tax-free allowance,next Budget,frozen,£12,570 threshold,campaigning,Makerfield by-election,public finances
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