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    More child benefit, higher tax allowances in budget

    Treasury Minister Dr Alex Allinson has unveiled this year's budget.

    Personal income tax allowance is to rise by £250 for individuals, and £500 for jointly-assessed couples.

    Meanwhile, the higher rate of Income Tax will be cut from 22 per cent to 21 per cent.

    There's also a change to Child Benefit, with the threshold increasing by £10,000.

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