Headline: Reform Promises to Raise Tax-Free Personal Allowance to £15,000

Date: 5 September 2026

Tags: UK Politics, Reform UK, Tax, Economy

Summary:

• Reform UK has pledged to increase the income tax-free personal allowance from £12,570 to £15,000.

• Robert Jenrick said the change would be introduced within 100 days if Reform wins the next general election.

• Reform estimates most taxpayers would save around £500 annually under the proposal.

• The party says approximately 2.9 million people would stop paying income tax altogether.

• Reform estimates the policy would initially cost £17.7bn annually, increasing to £21bn by its fifth year.

• It proposes funding the tax reduction through £80bn of planned public spending cuts.

• Proposed savings include £50bn from welfare, £10bn from net-zero programmes and £8bn from the civil service.

• Reform also proposes reducing foreign aid spending while maintaining funding for disaster relief.

• Jenrick said Reform still has a longer-term ambition to increase the personal allowance to £20,000.

• The announcement comes as Reform investigates two senior aides following allegations concerning potential foreign political donations.

Why this matters: Raising the allowance would reduce income tax for millions, but Reform would need substantial spending reductions to finance the policy.

What’s next: Jenrick is expected to formally announce the proposal during his Reform conference speech, while the party continues detailing its spending-cut plans.