UK INCOME TAX CHANGES IN 2016/17 – SIMPLIFICATION, CHANGE AND COMPLICATION

The UK Government always talks about the need for simplification of the tax system but it rarely delivers on its promise.  Finance Bill 2016 is no different.  If we look at the fundamental changes to the way income is taxed which will take effect from 6 April 2016, they can be summarised as follows: Simplification … Continue reading UK INCOME TAX CHANGES IN 2016/17 – SIMPLIFICATION, CHANGE AND COMPLICATION