19/03/2015
As announced last year, the main rate of Corporation Tax will fall from 21% to 20% for Financial Year 2015 (commencing 1 April 2015). There is no longer a separate rate for companies with small profits.
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19/03/2015
Rates of tax remain unchanged at 40% (death transfers) and 20% (lifetime chargeable transfers). In spite of some predictions that IHT relaxations might be announced in anticipation of the election, there were none.
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19/03/2015
The annual limit for ‘new ISAs’ was set at £15,000 from 1 July 2014. This rises to £15,240 for the tax year 2015/16.
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19/03/2015
As announced last year, employers’ NIC will also be reduced to zero from 6 April 2015 for employees aged under 21 on earnings up to £815pw. This will be extended to all apprentices a year later.
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19/03/2014
The plenary of the European Parliament (EP) has voted in favour of the funding programme which will support financially the activity of the International Financial Reporting Standards (IFRS) Foundation.
The EP approved today in Strasbourg the so-called European Union (EU) programme...
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