Property News · April 6, 2018

Welcome to the new tax year – here's the main changes


There are several major adjustments to taxpayer liabilities for the new fiscal year 2018/19. Here’s a brief summaryThe new tax year begins on Friday with a bigger than usual set of changes to income taxes, personal allowances, pensions, buy-to-let taxation and dividend taxation. Here’s what to expect. Personal allowanceThe amount you can earn without paying income tax rises from £11,500 to £11,850, which works out as a tax cut of £70 for most people. Continue reading…

Source : theguardian.com
Read more…Welcome to the new tax year – here’s the main changes

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