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The hidden tax traps catching out millions: Record numbers are being hit with bills after exceeding their tax-free allowances - this is how to avoid the same fate

The hidden tax traps catching out millions: Record numbers are being hit with bills after exceeding their tax-free allowances - this is how to avoid the same fate

Record numbers are being hit with tax bills after exceeding their tax-free allowances on everything from savings interest to capital gains. So what do you have to do if you exceed one of yours?

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