Rates and Allowances The tax-free personal allowance will remain at £12,500 for the 2020/21 tax year throughout the UK. The basic-rate band in England, Northern Ireland and Wales will stay at £37,500 and consequently, the higher-rate threshold will continue to be...
With less than a month until the end of the 2019/20 tax year, time is running out to maximise any unused allowances. You either use them or lose them before 5 April as they will all be reset when 2020/21 gets under way the following day. From tax-efficient...
With the December general election and Brexit chaos grabbing the headlines in recent months, it’s easy to see how potentially significant changes to capital gains tax have been brushed under the carpet. Arguably the biggest of those proposed changes, which...
Tax returns for 2018/19 are due by midnight on 31 January 2020 and we’re on the home straight as far as that goes at Dunkley’s. Each year an increasing volume of clients come to us to sort their financial affairs, perhaps reflecting a rise in the...