It’s a new tax year, with new tax rates. So, here’s our handy tax card with all the rates you need to know. You can learn them all and amaze your friends.

There aren’t many headline changes for business owners, but the 2% cut in National Insurance will make your team happy.

There’s also a cut to the tax-free dividend allowance – it’s halved to £500 – but the lifetime pension limit on tax relief on pensions has gone.

You can see a summary of all the rates in our tax card.

Become a Tax Guru

 

These kick in next week, so it’s worth taking a look. Of course, we’ll be keeping all of our clients up to date on any changes relevant to you.

PS You can download the tax card here:

 

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Any questions?

If you’d like a meeting or a video call to discuss this, please get in touch with your favourite Liverpool accountant