income Tag

The income threshold at which student loan repayments begin rose on 6 April 2018. English and Welsh students who started their courses after 31 August 2012 can now earn £25,000 a year – up from £21,000 – before they have to start repaying their student...

Important changes for venture capital schemes and enterprise investment have recently come into effect.  New ‘risk-to-capital’ conditions apply to investments in venture capital trusts (VCTs), enterprise investment schemes (EISs) and seed enterprise investment schemes (SEISs). The changes took effect on 15 March 2018, when the...

  A recently released report shows dividend payments in the UK grew more than 10% in 2017. The report included good news for investors, as UK listed companies paid out £94.4 billion of dividends in 2017. This was up 10.5% on the previous year and a new...

The start of the new tax year on 6 April marks several changes to tax and related matters that could make you richer… or poorer. The absence of a Spring Budget does not mean that the usual raft of changes at the start of the...

HMRC has published its annual assessment of the cost of tax reliefs. Every January HMRC publishes a table of ‘Estimated costs of principal tax reliefs’. Any Chancellor facing a budget deficit is bound to run his eyes down the list to see where the money is...

There will be no Spring Budget this March, but that does not mean the Chancellor is staying silent. On 13 March, the Chancellor will present a Spring Statement to the House of Commons, not a Budget. The next Budget should be in the autumn, probably November....

The world’s share markets were a profitable place to be in 2017. 2017 had its fair share of dramas. There was the unending reality show of Donald Trump and his tweets. On this side of the Atlantic the ongoing saga was Brexit and the “strong and...

Last month saw another Budget – for Scotland, this time.  The Scottish Budget in the middle of December contained potential omens for the whole of the UK with its proposed changes to income tax bands and thresholds. In the foreword to the main Budget document,...

An HMRC paper promised in the Budget could be bad news if you use Airbnb. The government has set out a call for evidence relating to rent-a-room relief in response to the rise in short term rentals facilitated by Airbnb and its competitors. Rent-a-room relief is...