UK Tax Allowances News
Trading Allowance Increases to £3000
John Healey announced in the October 2026 budget that the trading allowance was increasing from £1000 to £3000 per annum…
New Pension Tax Allowance in 2027
John Healey announced in his recent budget that there would be an additional allowance for pensioners whose income was up…
What Were the Capital Gains Tax Changes in 2024?
Some changes in the rate of capital gains tax (CGT) payable on the disposal of assets happened on 30th October…
What is the Personal Allowance for 2025/26?
As you may well be aware, the personal allowance (the amount that you are able to earn before being taxed)…
What is the Personal Allowance for 2024/25?
The Chancellor of the Exchequer, Jeremy Hunt, has just announced the details of the autumn statement for 2023 and among…
Has Child Benefit Increased?
A lot of benefits were increased in April 2023 in line with the 10.1% inflation rate. Child benefit is one…
Personal Allowance 2023/24
The personal allowance is the amount that you can earn either through working or via a pension payment before you…
Capital Gains Tax Changes from 2023
In the Autumn Statement from the Chancellor of the Exchequer, Jeremy Hunt, today (17th November 2022), it was announced that…
Higher Rate Tax Bracket Changed
The Chancellor of the Exchequer, Jeremy Hunt, has announced in his Autumn Statement today, 17th November 2022 (otherwise known as…