ACCA on Budget 2014

Contributed by ACCA, in their own words Savings, pensions, stamp duty and tax avoidance all feature in ACCA’s response to the Budget 2014.  The Chancellor of the Exchequer has failed to tackle the fiscal drag and his increasing the personal tax allowance next year to...

A Simple Guide to The Budget 2014

Contributed by ACCA, in their own words A SIMPLE GUIDE TO THE BUDGET 2014 This is a basic guide, prepared by ACCA’s Technical Advisory team, for members and their colleagues or clients. It is an introduction only and should not be used as a definitive guide, since...

Autumn Statement and Inheritance Tax

How will inheritance tax change following the Autumn Statement? Legislation will be introduced to extend the period of freezing the nil rate band at £325,000 until 2017-18. Periodic charges on discretionary trusts.  Legislation will be introduced to align the filing...

Autumn Statement and Capital Gains Tax

A summary of CGT changes in the Autumn Statement. A summary of CGT changes in the Autumn Statement.  The capital gains tax annual exempt amount for 2014-15 will be £11,000. The allowance for 2015-16 will be £11,100; the allowance for trustees of most trusts will be...