Tax rates and allowances

With changes in the tax system now an ever-present feature, our up-to-date experience is available to ensure clients'' tax liabilities are planned to be at a minimum.

The main changes for 2017/18 are:

  • Personal allowance increase to £11,500
  • Transferable couples/civil partners allowance of £1,150
  • Car benefit multiplier increases by 2%
  • Basic state pension increases by £3.00 (2.5%) to £122.30 per week
  • New trading allowance up to £1,000 
  • New property allowance up to £1,000