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Clause 2 - Personal allowance for 2013-14 for those born after 5 April 1948

Part of Finance (No. 2) Bill – in a Public Bill Committee at 12:00 pm on 23rd April 2013.

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Photo of Rory Stewart Rory Stewart Conservative, Penrith and The Border 12:00 pm, 23rd April 2013

I apologise if I have missed this in the hon. Lady’s speech, but will she clarify the previous Government’s rationale for setting the top rate of tax at 50%?