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Weekly outlook: Asos H1 results; EU unemployment and Halifax UK house price index The key events for UK wealth mangers for the week starting 5 April Minature houses resting on pound coin stacks concept for property ladder, mortgage and real estate investment Monday 5 April Tuesday 6 April -EU unemployment figures January’s figure was 7.3% for the third month in a row. Whilst there was some hope that government support schemes, vaccinations and an easing of lockdowns would help to cap the jobless rate, nearly 1.5 million have lost their paid post in January 2020. There is a wide range of fig...

Finance Bill 2021 Published The Finance Bill puts into law measures announced at Budget to help ensure millions of jobs and livelihoods continue to be protected as part of the government’s Plan for Jobs. From: 11 March 2021 the Finance Bill 2021 is published today, 11 March, legislating for tax changes announced at the Budget to support jobs and livelihoods extensions to stamp duty and VAT cuts and new super-deduction effective from April 2021 changes taking effect also strengthen finances and secure investment-led recovery The Bill will ensure a number of tax changes set out by the Cha...

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In the 2021/22 tax year, Income Tax Personal Allowance, alongside Higher Rate Threshold, will increase in line with the September Consumer Price Index (CPI) figure. CPI is otherwise known as inflation, which means people can expect an increase to Personal Allowance of 0.5 percent. The new tax year is scheduled to start on April 6, 2021, meaning an increase to Personal Allowance is just months away. The government also stated the inflation figure will be used to set National Insurance limits and thresholds, alongside Class Two and Three National Insurance contributions for the new tax year. Pe...

The document outlined the 2021/22 Income Tax Personal Allowance and Higher Rate Threshold would increase in line with the September CPI figure. This figure will also be used to set National Insurance limits and thresholds, alongside the rates of Class Two and Three National Insurance contributions for the new tax year. A UK tax year typically runs from April 6, through to April 5, in the following year. Therefore, the current tax year is set to end on April 5, 2021, with the new year beginning on April 6, 2021. Personal Allowance: Tax rates mapped (Image: EXPRESS) READ MORE With a 0.5 percent...