Social Security Tax Limit 2024 Increase Uk. The government is also increasing the income threshold at which hicbc starts to be charged from £50,000 to £60,000 from april 2024. Retirement experts have warned that a further 900,000 people over 66 will exceed the £12,570 personal allowance threshold during the 2024/25 financial year and.

This was published under the 2022 to 2024 sunak conservative government. This allows money provided by parliament to be.