Budget 2012 – Key Points
Income tax From April 2013, the 50p top rate of tax will be cut to 45p. Personal income tax allowance raised to £9,205 from April 2013, making 24 million people £220 a year better off. New general anti-tax avoidance rule … Continue reading
Any tax or accountancy questions you would like answering?
Debbie Story writes an editorial for a magazine each month. She gives clear and simple explanations to tax and accountancy questions, tips and advice. Click here to see the June issue. Do you have any tax or accountancy questions that you … Continue reading
Key tax changes from today (2011/12 verses 2010/11)
The new tax year starts today, bringing with it some changes to the system – including a rise in National Insurance contributions. Detailed below are the key changes. Income tax More tax payers will be included in a higher tax … Continue reading
Budget 2011: What we already know
Tomorrow Chancellor George Osborne will give his annual budget speech. Some of the biggest changes that we already know about are: Income tax The point at which any income tax starts to be paid – known as the personal allowance … Continue reading
Stamp Duty Strategy
Stamp Duty Strategy currently available through Sleigh & Story: Residential or commercial properties purchased for £250,000 or more Stamp Duty eliminated Fee 1.5% plus VAT of property value ‘No win-no fee’. Example – minimum tax saving on £500,000 property is … Continue reading
