Budget 2016

16/03/2016

These are the key announcements from the budget as they affect our clients: PERSONAL TAXATION The tax-free personal allowance is being raised to £11,500. The higher rate threshold will rise from £42,385 to £45,000 from April next year. The abolition of Class 2 National Insurance contributions, saving £130 for self-employed workers from 2018. CAPITAL GAINS…

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