Personal tax | Jolliffe Cork LLP | Wakefield

Lifetime pension allowance Capital gains tax allowances Start of new tax year

5 personal tax changes for 2020/21

Submitted by pw_admin on 1 April, 2020 - 09:42

Personal tax

What you need to know as the new tax year gets under way on 6 April.

Govt. to pay up to 80% of workers’ wages

Other concessions announced for businesses.

COVID-19 postpones off-payroll extension to the private sector

Rollout deferred until 6 April 2021.

National living wage

Tapered annual pension allowance rises to £200,000

Submitted by pw_admin on 18 March, 2020 - 10:17

A break for most high earners, but does it go far enough?

HMRC stops sending out paper tax returns

Paper returns need to be downloaded or requested.

Capital gains tax receipts tipped to soar

Treasury expects to net £15.7bn in 2023/24.