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The Budget 2017 confirmed a number of changes for the new 2017/2018 tax year, which we have detailed below. Personal Tax The personal tax free allowance will increase from £11,000 to £11,500 from 6 April 2017. The higher rate income…
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The Chancellor George Osborne gave the Emergency Summer Budget on Wednesday in the House of Commons. The new Budget sets out a plan for Britain for the next 5 years, which Osborne claims will continue to move us from a…
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There are a variety of things to take into account when you’re at the ballot box, but for those in self-employment it would be wise to take into account political parties’ stances on contractors, freelancers and consultants. Our current Government…
Read MoreAs reported on Accounting Web, from 2015/16 the government have announced they plan to abolish the Pension ‘Death Tax’ following on from a consultation that they announced would take place in this year’s budget. There is currently a 55% tax…
Read MoreThis years Budget is focused on boosting economic security and aspiration. The strengthening economic recovery, with unemployment and inflation falling and increasing growth this year is amongst the strongest of any Western economy. However, a Treasury source said that despite…
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