The Second Budget Report, 2015

July 9, 2015by Frontier Group

The first conservative Budget in 19 years has brought about various important announcements and confirmed a number of changes planned for the forthcoming tax years.

The significant changes are as follows:

  • Increase in the inheritance tax threshold,
  • Taxation of dividends on individuals,
  • Tax Treatment of nondomiciled individuals,
  • Restriction on interest relief for buy to let landlords,
  • Decrease of corporation tax rates to 18% by 2020
  • Tapering of the pensions allowance amongst other changes.

Following this, we have put together a report which contains the latest tax and financial information, which we trust you will find useful. For more information on how the changes may affect you, please contact us.

Download the second Budget Report, July 2015

Frontier Group