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Effects of new Tax Changes

1.Tax free allowance increase in stages, to reach £10,000, currently £6,500. 2. Employees NIC going up slightly, but not employers NIC 3. CGT – going up from 18% to 40%, but likely to affect non-business assets, like second homes and shares. 4. VAT may go up from 17.5% to 20% or more. Emergency budget will […]

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