UK Tax Allowances News
Personal Allowance to Increase in April 2015
The government has announced a further increase in the rate of the personal allowance, the amount that any individual can…
Proposals to Increase Personal Allowance to £12,500
In the last few years the personal allowance has increased above the rate of inflation to the rate of £10,000…
State Pension Age to Rise to 70
The chancellor George Osborne confirmed in his autumn statement that the state pension age will rise to 70 for the…
Marriage Transferable Tax Allowance
David Cameron has announced a new change to the personal allowance for married couples from 2015. The change will benefit…
UKIP Propose Flat Rate Tax and Higher Personal Allowance
UKIP have put together a proposal for a higher rate of the UK personal allowance (£13,000) that would also be…
Low Earners Entitled to Working Tax Credit
If you are on a low income then you may be entitled to working tax credit from the government to…
Married Couple’s Allowance Back on the Cards
David Cameron has confirmed that he will put on the table a proposal for a new married couple's tax allowance…
Tax Changes in the 2013 Budget
A number of changes were announced by the Chancellor George Osborn yesterday, but there were only a couple of changes…
Time to Top Up the ISA
As March comes around again it is the time to start thinking about whether you need to top up your…
Inheritance Tax Remains Static
On 6th April 2009 the Inheritance Tax threshold was increased to £325,000. it had been increasing steadily over a number…