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<p>The government is committed to keeping taxes low to support working people keep
more of what they earn.</p><p>Budget 2018 announced that the government will increase
the personal allowance to £12,500 and the higher rate threshold to £50,000 from April
2019, one year earlier than planned.</p><p>This tax cut means, in 2019-20, a typical
basic rate taxpayer will pay £1,205 less in tax than in 2010-11. Across the UK, 1.74
million of the lowest paid will be taken out of tax entirely since 2015, leaving more
of their hard-earned money in their pockets.</p><p> </p>
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