Personal Tax

economic and fiscal year

Economic and Fiscal Update

The economic background of Chancellor George Osborne’s fourth Budget speech could hardly have been more challenging. After he declared that the economy was “on the road to recovery” in his December Autumn Statement, some significant obstacles appeared along with that road. Economic and Fiscal Update   Confirmation that the economy shrank by 0.3 percent in

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For businesses

For Businesses

A new allowance for employers’ National Insurance contributions and an accelerated reduction in corporation tax to 20 percent from April 2015 were some of the key announcements for businesses in Chancellor George Osborne’s Budget 2013. They form part of a Budget described as being for ‘people who aspire to work hard and get on.’ We

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personal finances

Personal Finances

Key announcements affecting your personal finances.   Personal and trust taxes A summary of the income, inheritance, and capital gains tax changes that have been announced. Pensions and investments The pension annual allowance has been £50,000 since 2011/12, but it is being reduced to £40,000 from 2014/15. Other announcements for your finances The Chancellor announced

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