Tag Archives: Inheritance Tax

Summer Budget 8th July 2015

Summer Budget 8th July 2015 The Chancellor, George Osborne, opened his Summer 2015 Budget on 8 July 2015 with “A bold budget…with big ambitions”, then followed with “we shouldn’t go faster, we should go slower”. So what are we to make of this bold but slow Budget? Osborne set out Parliament’s intentions to tackle tax… Read More »

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The Summer Budget 2015 was surprisingly jam packed of tax and relief changes that will affect businesses

The Summer Budget 2015 was surprisingly jam packed of tax and relief changes that will affect businesses, many in a positive way, however, on some changes the jury is still out. The following is just a brief overview of the main items that I believe will affect SMEs and is not meant to be a… Read More »

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Autumn Statement 2014 & Budget 2015 (Key Points)

Autumn Statement 2014 & Budget 2015 (Key Points) 1 Income Tax personal allowance in 2016-17 and 2017-18 The government will increase the Income Tax personal allowance to £10,800 in 2016-17 and £11,000 in 2017-18. In 2016-17 the basic rate limit will be £31,900 meaning that the higher rate threshold above which individuals pay income tax… Read More »

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