Tax Newsletter - November 2019

Tax Newsletter - November 2019

01 November 2019

For the latest tax news and updates affecting your business and daily life.

This month's newsletter touches on the following topics:

  • Sole traders are being encouraged to start saving for retirement.
  • In England and Northern Ireland, recent figures show the biggest drop since the 2008/09 recession in stamp duty receipts on completed property or land purchases.
  • More than 28,000 estates were liable for death duties in 2016/17, a 15% rise on the previous year's figure, with the average tax due being £176,000.
  • With the Chancellor's pledge to raise the National Living Wage to £10.50/hour by 2024 and lower the age threshold to qualify for NLW from 25 to 21 years of age, business groups are calling for more support for employers.

Click here to read more.  If you need further advice on retirement planning, property taxes or estate planning, do get in touch with your Daly Park accountant.

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