What is personal allowance?
Nearly everyone who lives in the UK is entitled to an income tax personal allowance. This is the amount of income you can receive each tax year without having to pay tax on it.…
How does the budget affect ISAs?
From 6 April 2012, the ISA allowance increases to £11,280. This is an automatic increase in line with last September’s inflation index. The rules for ISAs remain unchanged.
Why not contact one of our expert independent investment advisers today for …
Osborne confirms 45% tax rate
Chancellor George Osborne has confirmed the 50% top tax rate will be cut to 45%.
Those earning £150,000 or more have been subject to the 50% rate since April 2010, when it was brought in by the Labour government.
This …
UK inflation hits a 15-month low in February
The rate of inflation hit a 15-month low in February, according to the Office for National Statistics, but failed to ease fears that high oil prices may prevent it falling as quickly as previously thought.
Important dates for your diary
- 21st March – The Budget 2012
- 5th April – UK tax year end. Don’t leave it too late to top up ISAs and pension contributions for 2012. Many providers will have set their own deadlines in advance of this date.