In the April 2016 issue of my tax newsletter we discuss and give advice on the following:
- The key points from the budget 2016
- Personal allowances
- Income Tax Bands
- Further changes to ISAs
- Pension allowances reduced
- £1,000 savings income tax free 2016/17
- New dividend rules start 6th of April 2016
- 32.5% tax on loans to participators from 6th of April
- Capital Tax Rates
- Further changes to CGT entrepreneurs’ relief
- Lower corporation tax rates
- £1,000 tax free for “micro-entreprenurs”
- New corporate tax loss rules
- Interest relief restricted for multi-national companies
- SDLT changes
- Tax Relief on small donations to charity increased to £8,000
- VAT Registration Limit
- Tax Diary of main events