Taxable Income bands and corresponding rates 2015/16 2016/17 Basic rate 20% 20% Higher rate 40% 40% Additional rate 45% 45% Starting rate of saving income 0% 0% Dividend ordinary rate...
Budget Highlights 2017
- Income Tax,
- comments: 0
Budget Highlights 2017 Income tax The personal allowance for the tax year 2017/18 has been increased to £11,500. Class 2 and Class 4 National Insurance contributions (NICs). Budget Highlights 2017...
The Marriage allowance
- Blog News, Income Tax,
- comments: 0
The Marriage allowance The marriage allowance was introduced to take effect from the tax year 2015/16. The marriage allowance allows certain individuals who are married or in a civil partnership...