Changes in Personal Tax Rates

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Personal Tax Rates for 2015-16

For 2015-16 the personal allowance has risen from £10000.00 to £10600.00 and there will be a reduction in the basic rate band to £31785.00.

The personal allowance will be increasing to £10800.00 in 16-17 and to £11000.00 in 17-18 according to reports and the basic rate limit will be increasing to £31900.00 for 16-17 and £32300.00 for 17-18.