capital taxation

personal and trust taxes

Personal & Trust Taxes

Income Tax Income tax personal allowance   The income tax personal allowance for individuals born after 5 April 1948 is increasing from £8,105 to £9,440 for 2013/14 and further increasing to £10,000 in 2014/15. In subsequent years the income tax personal allowance will be amended by the increase in the consumer prices index. To compensate

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