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News

02 Aug 2019

Off-payroll rules for the private sector

The government has published the draft legislation for the next Finance Bill including the rules for off-payroll working in the private sector.

02 Aug 2019

Digital Services Tax

From April 2020, the government will introduce a new 2% tax on the revenues of search engines, social media platforms and online marketplaces which derive value from UK users.

02 Aug 2019

Insolvency hierarchy changes

From 6 April 2020, insolvency legislation will be amended to move HMRC up the creditor hierarchy for the distribution of assets in the event of insolvency.

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Rate 1979/80 1980/81
Single Persons Allowance £1165 £1375
Married Man's £1815 £2145
Child's allowance (per child) £365 £365
Age related 65-74 £1540 £1820
Higher rate - income over £31,865 £32,010
Age related 75 and over
Married Couples
Age related 65-74 £2455 £2895
Age related 75 and over

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