I have recently started working for a software company and as it is an entry level role, the salary is lower than my previous salary. I am trying to project my earnings, potential savings etc over the next few years. I looked online at https://www.gov.uk/government/publi...l-allowance-and-basic-rate-limit-from-2019-20 and it says the income tax will be the same until next April then its being set against the CPI - consumer price index. I have read up on it but dont fully understand. Does this mean if the price of things goes up, as it usually does that the tax rate and allowances will go up too? If my salary does not increase proportionate to inflation, I fear I would have to leave and would have wasted over a year gaining experience there. Can someone explain this to me fully please? I currently earn £20,000 so only have to pay £1,500 a year so I basically earn £18,500, according to https://www.income-tax.co.uk/. If it changing to this new CPI thing how will that effect my take home salary? Many thanks

