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Treasury Raises Tax-Free Allowance to £15,000

9/8/2026

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Story summary
  • Treasury spokesman Robert Jenrick announced raising the tax-free personal allowance to £15,000, costing £20 billion each year.
  • The Reform Party will offer foreigners a 10-year renewable residency and tax exemptions for £250,000 through the Britannia Card.
  • Reform business spokesman Richard Tice proposed a 1%–2% online delivery tax to aid town centres, offset by cutting business rates.