UK Tax Allowances News
Can I Transfer My Personal Allowance?
The long question is: Can I transfer my personal allowance to my husband/wife/civil partner if I am not using it?…
Pension Tax Relief for Non-Taxpayers
There is a way that you can get tax back without even having paid it in the first place -…
Stamp Duty Rates Changed
Today (3rd December 2014), in his Autumn Statement, George Osborne announced an unexpected but welcome change to the rates of…
Personal Allowance 2015/16
Today (3rd December 2014) the Chancellor of the Exchequer, George Osborne, announced that instead of increasing to £10,500 per year,…
Government Considering Restricting Personal Allowance to Residents
The Government is currently considering restricting the personal allowance only to residents of the UK. This means that anyone who…
Expats Will Need to Pay CGT on Property Sales
From April 2015 the government are introducing a new provision to charge capital gains tax (CGT) on non-residents who dispose…
ISA Limit Increased
As of today (1 July 2014), the personal allowance limit on contributing to an ISA increases to £15,000 for the…
2014/15 Tax Allowances
The main tax allowances for 2014/15 have increased to the following amounts: Individual Personal Tax Allowance: £10,000 Individual Personal Tax…
2014/15 Isa Limit
There are some big changes to ISA limits in the 2014/15 tax year. In particular ISAs will change with effect…