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Wednesday, May 11, 2016This Commons Library briefing discusses the international summit on anti-corruption to be held in London on 12 May 2016.
Wednesday, May 11, 2016All taxpayers are entitled to receive a personal allowance to set against their income for tax purposes. Individuals aged 65 and over have been entitled to receive an additional allowance; an extra addition has been made for those age 75 and over. This note gives details of the allowance and the Coalition Government's decision, first announced in Budget 2012, to phase it out from 2013/14.
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