Summer Budget 2015 The Chancellor has presented his Summer Budget to Parliament, the first for a majority Conservative government since November 1996 - here's a summary of what was announced: Individuals A new national living wage will be introduced for all workers aged over 25, starting at £7.20 an hour from April [...]
The Chancellor has presented his Budget to Parliament. Here's a summary of what he announced: Tax and employment Personal tax-free allowance will be increased to £10,600 in April 2015, £10,800 in April 2016, and to £11,000 in April 2017. The higher rate band will also increase by £315 in 2016-17, and by £600 in 2017-18 [...]
Registration opens for Married Couples allowance The Government has fulfilled its pledge to recognise marriage in the tax system by opening registration for its Married Couples allowance on 20 February. Full story: http://ow.ly/Juhoc Summary The new Married Couples allowance (not to be confused with the Married Couples allowance for those born before 6/4/1935) essentially allows [...]
