If you're non UK resident it makes sense to make the most of your non UK residence status. One of the main benefits of non UK residence is the capital gains tax exemption providing you're abroad for at least 5 complete tax years. Wherever possible it…
The big changes to the personal allowance come from April 2010. There will be two new limits designed to restrict the amount of the personal allowance available. The PBR notes state that: '…If an individual's gross income is above the income limit of…
In the 2008 Pre Budget Report a new 45% rate of income tax was announced on anyone earning over £150,000 per tax year. It won't apply though until 6 April 2011. It will apply to all types of earnings so will include: Employees Property traders with…