Jobulo | Budget 2012 - Jobulo

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Budget 2012

2012-budgetChancellor George Osbourne gave the 2012 budget speech today and announced some changes to tax rates.

He announced that there would be a 50p cut to the top level of income tax.

Plans were also announced to raise the personal tax allowance – workers can now earn up to £9, 205 before being taxed.