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Economy

02
Jun

2015 Election Special

Posted on in Economy
The dust has now settled following the General Election and as we now have a majority Conservative government in power, the policies they have been proposing can now be enacted without seeking the compromise of coalition partners and George Osbourne has announced the date for the second budget of th... Continue reading
Last modified on
Hits: 1605
02
Jun

Election Special - 'Tax-lock'

Posted on in Economy
David Cameron pledged to introduce a new law within the first 100 days of a Conservative government (via the second Finance Act it is thought) to prevent any rises in income tax, VAT or National Insurance during the next Parliament. This pledge would impose a five-year ‘tax lock’ and will guarantee ... Continue reading
Last modified on
Hits: 1428
02
Jun

Election Special - Personal allowances and tax rates

Posted on in Economy
Up until 2015–16, there were three main personal allowances, the availability of each allowance was determined by reference to date of birth of the taxpayer, rather than their age, in the tax year. From 2015–16, there are only two categories of personal allowance one for those born before 6 April 19... Continue reading
Last modified on
Hits: 1375
02
Jun

Election Special - Inheritance tax

Posted on in Economy
This area has seen little change over recent years with the current nil rate band at £325,000, there having been no change since 6 April 2009. Current legislation intends to maintain this level until at least 2017–18. The Conservative manifesto indicates an intention to increase the "effective" inh... Continue reading
Last modified on
Hits: 1201
02
Jun

Election Special - Childcare

Posted on in Economy
The Conservative manifesto also included a pledge to double the free hours of childcare for working parents of three and four-year-olds from 15 hours to 30 hours a week during term-time and from 2017, parents will benefit from up to £5,000 worth of free childcare a year in a policy designed to help ... Continue reading
Last modified on
Hits: 1273

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News Categories

Tax (34)
PAYE (2)
VAT (9)
LBW News (9)
Economy (7)
Accounting (11)
Payroll (7)
Savings (2)
Landlords (1)
Marketing (1)
Industry (1)
Pensions (1)