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The 2014/15 tax free allowance is £10,000 and not £10,500

Due to the amount of queries received and apparent confusion, I'd like to clarify that the budget announcement of a £10,500 tax free allowance doesn't come into effect until April 6th 2015.

Due to the amount of queries received and apparent confusion, I'd like to clarify that the budget announcement of a £10,500 tax free allowance doesn't come into effect until April 6th 2015.

This article was published in our News section on 21/03/2014.

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