The 2014/15 tax free allowance is £10,000 and not £10,500

This article was published on 21/03/2014

Some Guides you may be interested in

Landlords Tax rates and allowances for 20/21 Updated 29/06/20Tax rates and allowances relevant to Landlords for 2020/21
Self-Employed Expenses made Simple 29/06/20This guide explains what expenses can be used to reduce your tax bill. There may be a few you had not thought of!
Self Assessment Advice For Returning Expats 15/06/20Considerations that expats should make when returning to the UK.
Tax Guide to Going Self-Employed (Becoming a Sole-Trader) 08/06/20Our guide to the tax implications of branching out on your own.
Contractors - LTD Company v Umbrella? 08/06/20With the impending IR35 changes right around the corner, the Limited vs Umbrella debate is on a lot of contractor’s minds. But what really is the difference and which one will be most beneficial to you?
Sole Trader vs Limited Company – Our Analysis 20/05/20Which is the better option for you?
Beginners Guide to Contracting through a Limited Company 20/05/20Wondering about setting up a limited company to offer your trade/services through?
Landlords- Take advantage of your property losses 19/05/20A guide on how to use your COVID 19 losses against your tax liability.
Inheritance Tax Guide- Updated 2020/21 08/05/20This is our basic guide to Inheritance Tax (IHT). We explain how you can legally save thousands
Self-employed Sole Traders - where do you start in the new tax year? 05/05/20Tax planning Guide for Self-employed Sole Traders.