This annual publication of tables sets out the updated rates and thresholds for various taxes and tax relief for the 2014-15 and 2015-16 tax years. These amounts are based on changes announced in the Chancellor’s Budget in March 2015 and is correct as of 25 March 2015.
The budget proposals and other tax changes are summarised on this page. The proposals may, however, be amended significantly before enactment. The content of this communication is intended to provide a general guide to the subject matter and should not be regarded as a basis for ascertaining liability to tax or determining investment strategy in specific circumstances. Although we endeavour to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act upon such information without appropriate professional advice after a thorough examination of the particular situation.
This article represents the views of the author only, and does not necessarily represent the views or professional advice of KPMG in the UK.