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Rishi Sunak ‘plotting £6bn raid on personal tax allowances’

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A stealth tax raid may be sneaked into next month’s Budget, with the Treasury reportedly plotting to freeze personal income tax allowances in a move that could cost the average family £250 per year by 2024-25. Millions of people may be forced to pay more in tax under plans reported by The Telegraph, which said officials were looking into abandoning the planned increases for the two lower tax...

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