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2017 / 18 Personal Allowances

Posted on February 12th, 2017 by pete | No Comments

The personal allowance increases to £11,500 for 2017/18 tax year. As for 16/17 the allowance is reduced by £1 for every £2 by which adjusted net income exceeds £100,000. This means anyone with net income in excess of £123,000 for 17/18 will not receive the personal allowance

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