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Personal allowance rises from 6 April tax year

HMRC has confirmed a rise in personal allowances for the new tax year starting 6 April 2021 while the dividends rate is frozen.

Personal allowance rises from 6 April tax year
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The personal allowance has increased by £70 to £12,570 for tax year 2021/22 and will then be frozen until 2026 as announced in the Budget in March.

Read more at Accountancy Daily.

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