In this Bulletin we look at the impact of the main changes on different groups of taxpayers. Inevitably the categorisation is somewhat arbitrary, so it pays to read all sections. Similarly, some tax planning points – such as those listed below in our 12 Quick Tax Tips – are universal.
In this post Loch Fyne Financial, the Glasgow based wealth management firm, share their Budget Bulletin. It includes everything you need to know about the Chancellor’s recent announcement, including the action you should consider before the end of this tax year on April 5th.
Background to the 2014 Budget
A year ago, nobody – including Mr Osborne – expected the 2014 Budget to be set against such a relatively benign economic background for the UK. In March 2013 the talk was of a triple dip recession as the country had just recorded a contraction of 0.3% in the final quarter of 2012. Read more →
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