Before the March 2016 Budget there had been much speculation that the Chancellor was planning big changes to the tax relief on pensions.
Tax
5 Top Tips for Entrepreneurs’ Relief
Entrepreneurs’ relief is one of the most attractive tax benefits that business founders and owners have available to them, giving a capital gains tax rate on business disposals of just ten per cent – the lowest currently available.
Tax Cuts now, Pay Later?
The Chancellor will need to reduce borrowing by £32bn in 2019-20 – the biggest ever annual cash consolidation – in order to meet his Budget surplus target by the end of parliament.
Budget 2016 Overview
It was famously said that ‘all roads lead to Rome.’ In British politics, all speeches currently lead to the EU Referendum. George Osborne’s Budget speech, delivered on Wednesday March 16th, was no exception.
Three ways accelerated tax payments may affect you
A new digital system will be rolled out by the government with accelerated tax payments and purported to be easier to use and manage.
Four key things to do before the end of the tax year
It’s a good idea to start thinking about the most important things to do before 5th April arrives and the tax year ends
Pension tax changes: Should you pay more before relief rates are curtailed?
Recent comment from George Osborne it looks like pension tax is set for a shake-up in 2016. Is there an potential opportunity while the good times last?
Worst Ever Tax Excuses
With the deadline for online tax returns fast approaching (31st January 2016 for the tax year April 2014 – April 2015), HMRC have again shared their top ten terrible tax excuses.
Three More Tax Changes in 2016
Further to our previous post about the changes already announced for the coming twelve months, we’ve highlighted three more tax changes in 2016
Three Tax Changes in 2016
Whilst there isn’t anything as dramatic as 2015’s introduction of pension freedoms on the horizon, there’s plenty to look out for with tax changes in 2016.