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Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Skylar Clarine is a fact-checker and expert in personal finance with a range of experience ...

"If government wanted to change income tax, the most straightforward option would be to add 1p to the basic rate of tax, increasing it from 20% to 21%. That would cost taxpayers up to £377 a year in ...