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TAX POLICY ADMINISTRATION


Details of the personal allowances and tax rates for 2012/13 have been published on HM Treasury’s website.

George Osborne’s growth measures in the Autumn Statement were partly to divert attention from the grim economic picture. David Smith says they did not succeed in doing so.

The government will deliver permanent reductions in spending, using the savings to fund infrastructure investment and support social mobility, HM Treasury announced in today’s autumn statement.

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