April 2020
tax tips & finance e-newsletter
In this issue
Coronavirus Update
Tax Rates 2020/21
Coronavirus Update
In accordance with Government guidelines our offices are closed until further notice.
We are working remotely over secure connections so, as far as possible, it is business as usual, with our reception team taking calls as normal.
If you have any questions or concerns please either call the office on 01323 730631 or email your usual contact.
Tax Rates 2020/21
A copy of our 2020/21 Tax Rates Card which summarises many of the rates and allowances fundamental to our business and personal lives, is now available to download here.
Our tax card contains information on income tax rates. It also includes information on devolved property taxes as well as business, employment and capital taxes.
Some key recent changes include:
- reduced Entrepreneurs’ Relief lifetime allowance
- significant increases in the National Insurance threshold for employee contributions
- updated car benefit percentages due to new green emissions tests
- an increase in the rate of the Structures and Buildings Allowance.