Tax rates and allowances

With changes in the tax system now an ever-present feature, our up-to-date experience is available to ensure clients' tax liabilities are planned to be at a minimum.

If you would like to receive a FREE pocket sized card showing current year tax rates and allowances and other useful information, then please send an email to Keeley Edwards providing your name and address and we will be happy to send one to you.

2011/12

Further to the 2011 Budget on 23 March 2011, we have now updated our tax rates and allowances. The main changes for 2011/12 include:

• An increase in the personal allowance for those under 65 of £1,000
• A reduction of 2 per cent in the main rate of corporation tax
• An increase in Entrepreneurs' relief to £10,000,000