Personal tax allowance is to rise by £630 to £8,105 by the end of 2012/13.
This will cost the Treasury more than £4.5bn in total over the next four years.
The cost will be £1.04bn in the first year, then £1.21bn, £1.2bn and £1.23bn by 2015/16.
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy