March Newsletter

Welcome to the March edition of our newsletter, we hope that you find the articles of interest. Please feel free to forward to colleagues or friends.

Our latest news stories can be found on our website as well as our social network pages on Facebook, Google+, LinkedIn and Twitter, so why not look us up.

Budget 2015

The Chancellor’s 2015 Budget contained some important announcements and confirmed a number of changes planned for the new tax year. 


Class 2 National Insurance

From 6 April 2015 HMRC want to simplify the system by collecting Class 2 NI contributions at the same time as collecting the income tax and Class 4 NI contributions due


Marriage Allowance

The new Marriage Allowance means couples made up of one non-taxpayer and one basic-rate taxpayer will be able to share some of the non-taxpayer’s unused annual income tax allowance.


Important Dates

Last Minute Tax Planning

5th April marks the end of the 2014/15 tax year. Make sure you've made use of all your applicable tax allowances and exemptions - for example ISA and pension contributions, and making full use of yours and your partners' tax allowances


The information contained in this newsletter is of a general nature and no assurance of accuracy can be given. It is not a substitute for specific professional advice in your own circumstances. No action should be taken without consulting the detailed legislation or seeking professional advice. Therefore no responsibility for loss occasioned by any person acting or refraining from action as a consequence of the material can be accepted by the authors or the firm.

Registered Office: Woodlands Court, Truro Business Park, Truro, Cornwall TR4 9NH
Registered in England & Wales No. 4601356.

Registered to carry on audit work in the UK and Ireland and regulated for a range of Investment Business Activities by the Institute of Chartered Accountants in England and Wales.

Kelsall Steele is a trading name of Kelsall Steele Ltd

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