Category: Tax

The 2016 Budget at a glance

George Osborne presented his April 2016 Budget as a “Budget for future generations”.     Here’s the 2016 Budget at a glance – the main points are summarised below.   Income Taxes Personal allowance to increase to £11,500 in 2017/18 Higher rate tax threshold to increase to £45,000 from 2017/18 Class 2 NICs for self-employed...

Is it worth marrying for money ?

Is it worth marrying for money ? Most of us marry for love, but tying the knot still brings financial advantages too. It’s commonly believed that co-habitees have the same rights as married couples but in fact this isn’t the case. The Government plans to introduce a married person’s tax break in April 2015. Rather...

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