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HMRC collects the income tax on behalf of the government. The income tax is used to provide funding for public services like NHS, education & welfare department and investment in public welfare projects like housing, railways and roads.

From April 2018, the standard personal allowance increased to £11,850, this is the amount of money you can earn before you pay any income tax. The higher rate tax threshold increased to £46,350, this is the amount at which anything earned above this amount is taxed at a higher rate.

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