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Search results: 18 article(s) found in topic: Income tax - keyword: Allowances

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BUDGET - INCOME TAX AND NI RATES

New tax and NI bands - how much better off will you be?

The Chancellor announced a substantial hike in the thresholds for basic rate tax and NI. At first sight these look generous, but looks can be deceiving. How much better off might you be from April 2019? More...

INCOME TAX

Allocating personal allowances

ALLOWANCES

Getting more from your tax-free allowances

Government tinkering with the tax rates and allowances now means you should approach working out your tax bill differently. Relying on usual practice or HMRC to get it right might mean paying too much. How can you ensure you don’t? More...

INCOME TAX

How does the new tax-free trading allowance work?

In April 2017 two new tax-free allowances for were introduced for micro businesses. One applies to trading and miscellaneous income and could save you tax on up to £1,000. How can you take advantage of it? More...

INCOME TAX

The trouble with the “marriage allowance”

Latest statistics show that many couples are overlooking their entitlement to the marriage allowance which allows the transfer of unused personal allowances between them. HMRC’s guidance might be partly to blame. What’s the full story? More...

INCOME TAX

Maximising the nil rate tax bands

For 2016/17 using your basic personal tax-free allowance, starting tax rate and the new zero rate bands for savings income and dividends allows you to engineer up to £22,000 tax free. How is it done? More...

INCOME TAX

Introducing the new tax allowances

New tax-free allowances will be given to shareholders and investors from 6 April 2016. How might these affect your tax bill and is there any planning you can do? More...

INCOME TAX

The transferable tax allowance shambles

INCOME TAX

Procedure for transferring tax allowance

INCOME TAX

Transferable tax allowances

Last updated: 18.01.2019

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