Income tax Tag

Below is a summary of George Osborne’s 2015 budget, who promised a “No giveaways, no gimmicks” budget. Income tax The tax-free personal allowance to rise from £10,600 in 2015-6 to £10,800 in 2016-7 and £11,000 in 2017-8. The threshold at which people start paying 40p income tax to...

The Enterprise Investment Scheme has been around since April 2009, helping small higher risk trading companies raise finance by providing incentive to investors by way of tax reliefs. However there is a new scheme called the Seed Enterprise Investment Scheme (SEIS) that will come into...