UK Tax Allowances News

In the current political turmoil there were always going to be more changes coming after the mini budget and the…

It is being reported today that the 45p tax rate cut that was announced in the mini-budget 10 days ago…

The personal allowance is the amount that you can earn each year before you are subject to tax. It has…

The Chancellor of the Exchequer, Kwasi Kwarteng, announced today (23rd September 2022) that there would be changes to tax rates…

As we start a new tax year in 2022/23 we are often faced with new tax and personal allowance rates…

Rishi Sunak has just announced in his spring statement that there will be an increase to the National Insurance threshold…

Due to the current economic situation the planned changes to some allowances for 2021/22 have not happened or have been…

In the budget today (3rd March 2021) the Chancellor of the Exchequer, Rishi Sunak, confirmed the the personal allowance for…

The government has published the personal allowance for 2021/22 on its website and as such has confirmed that it will…

The personal allowance is the amount of money that you can earn in a tax year (in the UK) without…