Permanent historical factsheet

Personal Allowances Freeze

Great Britain · Economy / Currency. Chronological records rendered directly from the World History Database.

1Records
1981Date range
1Named people
1Places

Chronological records

1981

Geoffrey Howe1981

London · Economy / Currency

Freezes personal income-tax allowances in cash terms in the 1981 Budget, increasing the real tax burden during a period of high inflation.

Names involved

Geoffrey Howe

Provenance

This factsheet is generated from stored World History Database records matching the country, broad category, detailed category and exact Event value shown above. Duplicate display records are collapsed; database wording is otherwise preserved. Source provenance varies by record, so formal academic citation should be checked against the relevant primary source, archive or specialist historical reference.