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2012/13 PAYE & National Insurance

Income Tax Allowances The basic personal allowance for 2012/13 will be increased to £8105 and the tax code for emergency use will be 810L. Income tax bands and income tax bandwidths for the 2012/13 tax year are as follows: Rate % Bandwidth Basic Rate 20% £1 to £34,370 Higher Rate 40% £34,371 to £150,000 Additional […]

Read more March 19th, 2012