{
  "id": 16916077,
  "title": "The one thing the chancellor didn't mention that will affect your pay",
  "url": "https://urgent.news/2026/10/28/the-one-thing-the-chancellor-didnt-mention-that-will-affect-your-pay",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-28T15:11:48.000Z",
  "source": {
    "name": "BBC Business",
    "slug": "bbc-business",
    "url": "https://www.bbc.co.uk/news/articles/clydn7r5pn1o?at_medium=RSS&at_campaign=rss"
  },
  "original_language": "en",
  "account": "The chancellor John Healey did not mention in his recent Budget speech that the income tax thresholds, which have been frozen for the past five years, are expected to rise again after 2031. This decision has the potential to affect individuals' take-home pay and their tax brackets. Currently, only those earning under £12,570 pay no income tax, while the personal allowance threshold sets the point at which individuals start paying tax. With the personal allowance frozen, the proportion of income taken in tax will continue to increase in line with previous Budget decisions. However, the government's Pension Tax Allowance means that individuals receiving income only from the state pension will not pay tax on it.",
  "summary": "The point at which you start to pay tax, and the point where you tip into paying a higher rate of tax have been frozen for three more years.",
  "key_points": [
    "Chancellor John Healey didn't mention income tax thresholds rising after 2031",
    "Personal allowance frozen since 5 years, tax brackets may be affected",
    "State pension recipients won't pay tax on their income"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}