Mar. 16, 2016, 10:06pm

‘Sweet George’

2016 budget photo collage

Sugar Tax caught the headlines, but a budget initially billed as being ‘boring’ has some interesting reforms:

Capital Gains Tax rates down from 28% to 20% for higher earners;


Income tax basic rate band up to £45,000 (unless you are in Scotland);


Business rates reform…although not for our own modest office!


Class 2 NIC  to be scrapped …at the risk of being sarcastic…a saving of £145 a year!


Lifetime ISA’s and a 25% ‘bonus’; sounds too good?


IMG_20160316_172620IMG_20160316_172133Many of the figures are fundamental to our business and personal lives as such we have prepared a summary of the key budget changes click here to download our summary.




2016 17 Tax Card coverWe have also prepared a handy tax rates reference card for 2016/2017. Click here to download our tax card. We are sure that you will find the tax card a useful point of reference throughout the coming tax year and below we have listed just a few examples of how it can be used.




 Should you require any further information, have a simple question or require detailed advice we are only a phone call away.

Contact us now!


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