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 Accounting News & Insights

Spring Budget 2013 Summary

21st March 2013

Budget Highlights:

  • Personal allowance increased to £10,000 in 2014/15 and the higher rate threshold increased by £415 to £41,865.

 

  • A new tax-free childcare scheme, phased in from autumn 2015, to provide 20% of childcare costs up to £6,000 per child per year, for children under age 12.

 

  • The new single-tier state pension to be introduced from April 2016.

 

  •  A £2,000 Employment Allowance for businesses and charities to set against their employer national insurance contributions from April 2014....

Click here for the full summary


Accounting News & Insights

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Spring Budget 2013 Summary

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