The Chancellor, George Osborne leaving Downing Street
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2012 Budget: Tax allowances set to rise further

George Osborne is set to announce a significant further increase in personal tax allowances in Wednesday's Budget, the BBC understands.

The income threshold below which no-one pays tax is to rise to £8,105 next month, but Whitehall sources suggested there were plans to go much further.

Nick Robinson reports.

  • 20 Mar 2012
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