0370 270 6000

already registered?

Please sign in with your existing account details.

need to register?

Register to access exclusive content, sign up to receive our updates and personalise your experience on brownejacobson.com.

Privacy statement - Terms and conditions

Forgotten your password?

happy New Year!

8 April 2011

So, 6th April has been and gone, and another tax year has begun. You will have seen numerous recent announcements in the press about proposed changes to tax rules/rates but many of them have now actually come into force. How are you affected? Can you actually tell?!

On the one hand, the amount of tax-free income you can earn has gone up, the annual capital gains allowance has increased, the entrepreneurs’ relief limit has doubled and you can invest more in your ISA. On the other hand, the higher rate income tax threshold has been reduced, NICs have increased, SDLT is now 5% on £1m+ residential property, the IHT threshold has been frozen and pension tax relief has been restricted, and that’s to name but a few of the changes. Some people will win out overall, but I fear that there will be many more that end up worse off instead.

Happy New Year!

related opinions

The UK - India migration deal

The Young Professionals Scheme will make it easier for young Indian citizens and young Britons to access visas.

View blog

Home Office Central Registry for modern slavery statement goes live - first universities publish statements

The Home Office recently launched a central registry for modern slavery statements. A growing number of educational organisations, including a number of universities, have published statements on the registry.

View blog

Equal pay at ASDA stores - appeal to the Supreme Court unsuccessful

35,000 workers working in ASDA’s retail business sought to compare themselves to workers at distribution depots for equal pay purposes. Find out more about this Employment Appeal Tribunal.

View blog

Supreme Court confirms that sleep ins are not working time

The Supreme Court judgment represents the conclusion on whether or not “sleep in time” should be classified as working time, when calculating the National Minimum Wage (NMW).

View blog

mailing list sign up



Select which mailings you would like to receive from us.

Sign up