Autumn Budget 2017: The tax-free personal allowance limit and higher-rate tax threshold will increase from April 2018. In his Autumn Budget 2017 speech today (22 November), Chancellor Philip Hammond confirmed that the tax-free personal allowance will increase to £11,850 in April 2018, an increase of £350 from the current allowance of £11,500. The higher-rate threshold of 40% … Continue reading Government to increase personal allowance and higher-rate tax threshold