Higher rate UK taxpayers gain most in budget changes

Rise in personal tax allowance benefits higher ratepayers by £340 a year with basic rate band £70 better off and universal credit recipients better by just 50p per week Higher rate taxpayers will be £340 a year better off after budget changes to income tax, but lower earners will gain just £70 and those on universal credit just 50p a week, as the chancellor rejected accusations that the well-off do not pay enough tax.The personal allowance – that part of your pay no