personal tax allowances

Budget – Personal tax allowances

By Payroll-help

From April 2011, the under-65 personal allowance increases from £6,475 to £7,475 as the first stage of the Government’s plans to increase the allowance to £10,000 before the end of the current Parliament. From April 2012, the personal allowance will increase by a further £630 to £8,105.  However, as in April 2011, the basic rate [...]

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Payroll Update 2013