UK Tax Changes: New Year, New Rules
Leicester News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
The new UK tax year brings significant changes, including refreshed personal tax allowances, ISA contribution limits, and pension allowances. Making Tax Digital rolls out for sole traders and landlords with high incomes. Inheritance tax reliefs for farms and business properties are capped, and dividend taxes increase. Working from home tax relief ends, and capital gains tax on certain business and investor reliefs rises. Taxpayers should review their setups to adapt to these shifts.
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