General points with regard to a single person: The current inheritance tax nil rate band of £325,000 remains the same, however, a new "Residence Nil Rate Band (RNRB) will be…
The taxation of dividends from April 2016
The taxation of dividends is changing from April 2016. A new tax-free dividend allowance will be introduced along with additional taxation rates. The tax-free dividend allowance will mean that the…
Furnished letting tax changes
Furnished letting tax changes are expected to take effect from April 2016. The rules for furnished lets are changing as the government is removing the 10% deduction for wear and…