Tuesday, 27 May 2014

Tax Facts!


Some key tax facts to remember for 2014/15:



Personal Tax Allowance: £10,000
Higher Rate Tax Band: starts at £41,865

Capital Gains Tax Annual Exemption: £11,000

Inheritance Tax Nil Rate Band: £325,000

Maximum Pension Lifetime Allowance:
£1.25 million
Residential Property Stamp Duty: the same as last year.

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