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 Accounting News & Insights

Latest Tax blog: The Tax-Free Personal Allowance

26th February 2013

Generally speaking, all UK resident individuals and British nationals are entitled to an ‘income tax personal allowance’.  This refers to the amount of income that can be received each year ‘tax-free’.  Effectively, the allowance is deducted from net income and saves tax at the highest tax rate..

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Accounting News & Insights

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Latest Tax blog: The Tax-Free Personal Allowance

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