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.
From April 2015, the government intends to introduce a tax break for married couples and civil partners.
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.
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.
The new government has confirmed IR35 will be replaced as part of a shake-up of small business tax.
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?
I am confused.
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.