Income tax to be cut by 1p from April

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Income tax to be cut by 1p from April

"It really is that kind of rabbit out of the hat at the end, that not only is the additional rate going to be completely abolished, but also the cuts

“It really is that kind of rabbit out of the hat at the end, that not only is the additional rate going to be completely abolished, but also the cuts to the basic rate of income tax are going to be brought forward a year,” said Michael Brown, head of market intelligence at finance firm Caxton.

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