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Our budget views in blue: Personal allowances up to £8,105

| 22nd March 2012

From Apr 12 Personal allowances increase to £8,105 (from £7475)

 

Now, higher rate taxpayers are slightly better off if earning exactly the same (the higher rate threshold has reduced by a lesser amount) but basic rate payers are much improved position. Last year higher rate payers were indifferent.

 


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