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COMMENT: David Cameron’s tax cuts: what will the impact be?

I wrote for the Telegraph on the implications of the Prime Minster’s tax announcement at the Conservatives’ conference in Birmingham:

The big announcements in David Cameron’s conference speech were a commitment to raising the personal tax allowance from £10,000 to £12,500 by 2020, and the level that people start paying the 40p higher rate from £41,900 to £50,000. Here, we explain the impact – both on the Government’s finances and your own.

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