Budget 2014: personal tax allowance increase on the cards

Increases to the personal tax allowance (the amount we can earn before we have to start paying tax) have been the most positive news of many recent Budgets. Now George Osborne seems to be thinking it's time for another injection of positivity, because reports indicate that he's set to increase the threshold again.

But why, and what will it mean?%VIRTUAL-SkimlinksPromo%