Millions of workers are set to have their income tax slashed under government changes that come into effect today.
The tax-free personal allowance will rise from £11,500 to £11,850, meaning that a typical basic-rate taxpayer will be about £70 richer a year.
In addition, the national living wage is rising by 4.4 per cent from £7.50 an hour to £7.83 an hour. For those aged below 25, they will still be paid the national minimum wage.
The state pension is also set to rise by 3 per cent, meaning an increase of £3.65 a week.
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