A growing number of taxpayers are being caught by the personal allowance taper, which will be exacerbated by the reduced additional rate tax threshold of £125,140. With many also questioning why the new threshold is not a round number, a short history of tax setting provides the answer.
The announcements in September’s not-so-mini-Budget have altered the balance between operating your business as self-employed or via a company. How will you be affected?
September’s ‘mini-Budget’ introduced tax and NIC changes with a range of consequences to employees, employers and the self-employed. Have you sought advice before making any financial decisions?
Potential income tax hikes to 60% for some taxpayers are making headlines. Could you be affected?
If you want this tax year’s ISA to save income tax, capital gains and inheritance tax, then maybe it’s time you consider an AIM ISA?
The new year is a time of resolutions and the same is true of the new tax year, but from a personal financial standpoint, the 6 April does not signal a positive outlook. How prepared are you for the taxing times ahead?
The Budget of Spring 2021 featured a corporation tax hike and the freezing of personal tax thresholds, and allowances to help pay for the pandemic.
The imminent payment on account does not have to be paid.
How will the new government affect your financial planning and taxes? December’s election result has varied implications.
Potential reforms to income and capital gains taxes outlined in a new report from the IPPR could find their way into the Labour manifesto.
