Drooid Logo
Back to today’s briefing

Story perspectives

Review Tax Codes Now to Avoid Higher Brackets

4/8/2026

40 5 Full Breakdown

1 of 1

Story summary
  • Martin Lewis, financial expert, urges households to review tax codes as millions may be incorrect as the 2026/27 tax year begins April 6, 2026.
  • Frozen income tax thresholds will push more people into higher tax brackets.
  • The minimum wage has risen for workers 18 and older.
  • The end of the two-child cap allows universal credit for all children, benefiting 560,000 families.
  • £24 billion in benefits goes unclaimed annually.