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Autumn Statement: Personal allowance up as gov't closes in on £10k
by Jun Merrett on Dec 05, 2012 at 13:36
Chancellor George Osborne has said Britain is within touching distance of the £10,000 personal allowance having increased it by a further £235 for April 2013.
The total increase for personal allowance for next year will be £1,335 which Osborne said was the highest cash increase ever.
This means from April next year people working in Britain can receive £9,440 before paying income tax, compared the £9,205 target the coalition government had initially set for April 2013 in this year's Budget.
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iShares: Time to shatter the ETF myths
As result of industry changes - the retail distribution review - and a growing focus on cost-efficient solutions, we anticipate the number of investors using ETFs will rise significantly over the coming years.
But as with any newer product, especially in the financial world, various misconceptions about ETFs have perpetuated over the years and iShares is committed to addressing and ultimately dispelling these.