The UK Treasury Department is considering freezing the household tax break in next month’s budget, which could bring in up to £ 6 billion, the Telegraph reported, citing unidentified tax officials.
- Officials can lower planned increases to both £ 12,500 and £ 50,000
- The measure can be announced on March 3rd
- A Treasury Department spokesman told the Telegraph that it will not comment on future tax policy outside of tax events
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