Chancellor George Osborne will cop his fair share of flak in tomorrow’s newspapers after the announcement the rise in the pensionable age to 68 will be brought forward to the mid-2030s. However, there is a lot more to Mr Osborne’s Autumn Statement than that – with various measures that may or may not affect you. As always there are winners and losers ...read more
Howlader & Co Blog
Personal allowances increase
From Apr 12 Personal allowances increase to £8,105 (from £7475) Now, higher rate taxpayers are slightly better off if earning exactly the same (the higher rate threshold has reduced by a lesser amount) but basic rate payers are much improved position. Last year higher rate payers were indifferent.