Employment Tax Changes 2019/20

Set out below are some changes to bear in mind for the new 2019/20 tax year. PAYE and NICS Announced in the November 2018 budget was an acceleration in the increase in the personal allowance to £12,500.  Originally expected to rise to this level by 2020/21, this increase has been brought forward to April 2019.  […]

Changes to Tax Relief for Buy to Let Landlords

From April 2017, the tax relief which landlords can claim for finance costs (most commonly mortgage interest) is set to change. From April 2017, to be phased in over 4 years, the relief will be restricted to the basic rate of tax only. This will directly impact higher rate tax payers with property income, where […]