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Income tax additional rate threshold decreased

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Inheritance Tax nil rate band and residence nil rate band frozen until April 2028

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National Insurance Contributions thresholds to remain frozen

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Personal tax thresholds frozen until April 2028

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Abolition of the 45% income tax rate from 6 April 2023 (Cancelled 3 October 2022)

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Basic rate of income tax to reduce to 19% from 6 April 2023

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Capital allowances: Annual investment allowance

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