CityAM: The tax-free allowance could be raised faster than previously planned in Wednesday’s budget, City A.M. understands, as part of a major deal to reduce taxes on workers at both ends of the income distribution. Chancellor George Osborne yesterday promised that “the bulk” of new measures announced will benefit people on low and middle incomes, as economists warned this is his last chance to boost economic growth before the next election.
Full story: http://www.cityam.com/latest-news/calls-end-50p-tax-osborne-mulls-faster-allowance-hike