personal allowance

People will be able earn up to £10,500 tax free from April 2015, an increase of £500 in the personal allowance, Chan

The Lib Dems said over the weekend that raising the personal income tax allowance to £12,500 will be a key demand in any coalition talks after the 2015 election.

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From April 2015, the government intends to introduce a tax break for married couples and civil partners.

Hi all.

 

Thanks for taking the time to read this.

 

I would like to extend my personal allowance for the tax year 12/13 for allowable expenses permitted by HMRC.

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Right from the word go, personal tax took centre stage on Budget day thanks to the intense lobbying and debate around the personal allowance for income tax and the 50% top rate of income tax.

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The new government has confirmed IR35 will be replaced as part of a shake-up of small business tax.

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Does the taper calculation of the personal allowance for income over £100k reflected through the PAYE scheme or adjusted when preparing self assessment tax returns for 2010/11? 

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With the new tax year just around the corner, now is the time to assess your clients and make sure they’re aware of the issues which will affect them.

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