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Austin and Carnley
Albion Chambers
High Street
Leighton Buzzard
Bedfordshire LU7 1DP

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www.austinandcarnley.co.uk

Conveyancing, Wills & Probate & Criminal Solicitors in Leighton Buzzard and Bedfordshire

The Autumn Budget: 2016

- Posted on by Sarah

This month saw the delivery of the Autumn Statement by our new Chancellor Philip Hammond. The key points for our clients are as follows:

  • The personal tax allowance will be rising to £11,500 in April.
  • The higher rate income tax threshold will be rising to £50,000 in April.
  • National Living Wage is rising to £7.50 per hour.
  • Insurance premium tax is rising from 10% to 12% in June. This could have an impact on the price of many household insurance policies, such as car insurance, home insurance and life insurance.
  • There is to be a total ban on upfront fees charged by letting agents in England, which will come into place as soon as possible.

For the full picture, read more here.

 

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