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Personal Allowance 2015/16

Today (3rd December 2014) the Chancellor of the Exchequer, George Osborne, announced that instead of increasing to £10,500 per year, as had been previously announced, the personal allowance would be increasing to £10,600 with effect from April 2015 for the 2015/16 tax year.

Marian: Marian worked in pensions/finance for 12 years including gaining the Associateship of the Pensions Management Institute. She has a keen interest in finance, taxation and property and spends time reasearching and writing articles on these topics.
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