Income tax and national insurance limits
From April 2017 the personal allowance will be £11,500 and the basic tax rate band £33,500; the 45% rate still kicks in at £150,000.
Meanwhile the new NIC limits are a lower limit of £8,164 and a higher limit of £45,000, with employee contributions thereafter at 2%.
Please contact Jacqui Gudgion if you would like to arrange a no obligation meeting to discuss matters in connection with any corporate or business tax issues.
Date: 23rd February, 2017
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