Tax allowance freeze: The last straw for 5 million pensioners
You could tell from the way George Osborne described the measure as a mere matter of “simplifying the tax system”, that he just didn’t realise the backlash that freezing the age related personal tax allowances would cause. For around 5m pensioners who still pay tax; with incomes between £10,500 and £25,000 a year, this was…