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YEAR END TAX UPDATE 2014/15 |
In advance of the 2015 Budget on 18th March 2015 we summarise some topical tax issues that we hope will be of interest to you. The result of the General Election in May could also lead to changes in tax policy. The Labour Party have said that they intend to increase the additional rate of tax from 45% to 50% if they hold the balance of power after the election. Their policies also include a ‘mansion tax’ on properties valued over £2 million. Please contact your usual partner for any further information or explanations, and for details of Independent Financial Advisers (IFAs).
Read the full report here (PDF)
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