article_snippet: The Tories say The Tories will raise the point at which people pay higher rate income tax to £50,000 by the end of the next Parliament – lifting hundreds of thousands of middle class professionals out of the 40p band.
article_snippet: Another objective is to increase the personal allowance to £12,500 a year.
article_snippet: However, another tax break for millions of workers is expected with a hike in the personal tax allowance, which is already due to rise to £10,600 next month.