Monthly Archives: May 2016

Is the extra you get on your current account tax free? The answer is maybe If you receive interest on your current account then it will almost certainly be tax free. It will count to your new personal savings allowance which allows basic rate tax payers to earn up to £1000 a year in interest without paying any tax. Higher rate tax payers can receive up to £500 tax free… Read Article →

Queen’s Speech: tax, finance and business | Economia (TAKEN FROM THE ICAEW ECONOMIA PAGE – WRITING CREDIT TO RAYMOND DOHERTY ) Queen’s Speech: tax, finance and business 18 May 2016 Comments (0) An analysis of the tax and finance announcements in the Queen’s Speech Tax evasion The Criminal Finances Bill includes proposals to clamp down on corruption and tax-avoidance. Central is an offence for corporations who fail to stop their staff… Read Article →