Money Matters

Money matters, whether you're making it, borrowing it, or investing it. Understanding the financial risks, possible investments and current market is an important process for each and every business owner. Read more from the experts in the financial sector and benefit from their expertise and guidance here.

Show on Features Page?: 
Yes
Promoted on Features Page?: 
Yes

1st February 2019

Planning your money in times of change

By Pete Simons

Partner

Moore Stephens

THIS year is set to be a year of changes for finances, with everything from income tax, state pension payments and inheritance tax set to change. In this article, we look at some of the upcoming changes and what they mean for you.

Income tax

From 6 April, the personal allowance is increasing from £11,850 to £12,500 - this is the amount of money you can earn before you pay tax. In addition to this, the threshold for the 40 per cent tax rate is also increasing from £46,350 to £50,000.