Tax cuts ahead for some

Posted on 01 Jul 2021
Share Blog Post

Telling voters that in future they could ‘take home more of their own money, David Cameron promised that the increase in the threshold at which people pay the 40% tax rate from £41,900 to £50,000 while the personal income tax allowance would be extended further by £2,000 to £12,500.

The promises to improve personal taxes come amidst calls from Conservative backbenchers to raise the 40% threshold.

Cameron also repeated plans to allow pensioners to pass on pensions without incurring death taxes and said that spending on the NHS would again be ringfenced report Harris & Co accountants Northampton #accountantsnorthampton

View more blog posts

SME owners flee UK in droves
Posted on 16 Apr 2025
SME owners flee UK in droves
read more
£400 a year worse off
Posted on 09 Apr 2025
£400 a year worse off
read more
MTD hits home
Posted on 02 Apr 2025
MTD hits home
read more
MTD for self assassment
Posted on 26 Mar 2025
MTD for self assassment
read more
Back To Top
01604 660661