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What new in 2014

Tax free amount for
2014-15 - £ 10,000
2015-16 - £10,500

Threshold for 40p income tax
2014-15 -£41,865
2015-16 - £42,285

Cash and shares Isas to be with annual tax-free savings limit of £15,000 from 1 July 2014

Recent Articles

2014/15, Tax changes that come into effect.

It's the start of a new tax year in the UK. This means that there are various important changes to income taxes which are almost certain to affect you. Whether you're employed, self employed or a pensioner, the tax changes in 2014/15 will probably affect what tax you pay. But what are the changes?
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