You are using an outdated browser. Upgrade your browser today for a better experience of this site and many others.
+44(0) 151 647 6681
firstname.lastname@example.org | Contact us
Please note: Our office closes at 4pm every Friday
As already announced, the basic personal allowance for 2016/17 will be £11,000. The March Budget announced that this will increase to £11,500 for 2017/18. Remember that if your adjusted net income exceeds £100,000 the personal allowance is reduced by £1 for every £2 over £100,000 giving an effective rate of 60% on income between £100,000 and £122,000 for 2016/17. Contact us for tax planning advice regarding this 60% rate.