2016 Budget Highlights

Income Tax Personal Allowance to increase to £11,500 in 2017/18 Higher rate tax band to increase to £45,000 from 2017/18 Class 2 NICs for self-employed abolished from April 2018 Termination of payments of more than £30,000 will be subject to employer NICs A new Property Allowance and Trading Allowance will exempt the first £1,000 of […]