Budget 2015

The Budget 2015


  • Income tax personal allowance to rise to £11,000 by 2017
  • Pension lifetime allowance to fall to £1m from April 2016
  • New Personal Savings Allowance from April 2016
  • New Help to Buy: ISA for first time buyers
  • Rules on annuities to be relaxed from April 2016
  • Digital tax accounts to replace annual tax returns

Budget 2015 Summary

The Chancellor’s 2015 Budget contained some important announcements and confirmed a number of changes planned for the new tax year. Following this, we have put together a Budget Summary PDF which contains the latest tax and financial information, which we trust you will find useful.

There is also a handy Tax Data Card for 2015/16, giving details of all the allowances and limits you’ll need to know. You can download both the PDFs for free via the links below:

Our summary goes into more detail on all of the points raised in the budget, aimed to give you a clearer picture of the announcements and how the changes will affect you and your business. however, as always, if there is anything you would like to discuss, please do not hesitate to contact us on 01872 271655 or via email at enquiries@kelsallsteele.co.uk