Tax rates and allowances - 9 March 2011
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.
Tax rates and allowances - 9 March 2011
2011/12
Key changes this tax year include:
- An increase in the personal allowance for those under 65 of £1,000
- A reduction of 2 per cent in the main rate of corporation tax
- An increase in Entrepreneurs' relief to £10,000,000
