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Tax updates articles tagged with term 'Income Tax'

Updates Tax changes for 2011–12: Income tax and allowances

In 2011–12, the personal allowance for people under age 65 will rise by £1,000 to £7,475.

Updates 2011 Budget: Tax updates

The recommendation by the Office of Tax Simplification (OTS) to abolish community investment tax relief has been ignored.

Updates Budget 2011: Income tax and allowances

The chancellor of the exchequer announced in the Budget that the personal allowance for people under 65 will rise by a further £630 to £8,105 in 2012-13.

Updates Budget 2011: Government to consult on NI and income tax merger

The government is to look at merging income tax and National Insurance, chancellor of the exchequer George Osborne has announced.

Updates Income tax changes in 2011

There have been small but significant changes to the thresholds in the 2011 income tax system, which will result in thousands of taxpayers being placed in new tax bands.