Silk Trading Route between China and India

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Merry Christmas

Merry Christmas from all the team at Everfair Tax, wishing you a happy holiday.

The Election result impact on UK Tax

During the somewhat politically turbulent past few months and the battle to win the leadership race, many bold tax pledges have been made. However, with the Conservative government now in place, it is expected that the majority of changes will be more modest. A new Budget is now being predicted for early 2020 and summarized below are the main campaign proposals with regards to taxation. Income Tax, National Insurance and VAT The Tory manifesto promised no increases on Income Tax, National Insurance or VAT contributions. A raise in the National Insurance contributions threshold to £9,500 in April 2020 is expected, with a goal to raise it to £12,500, in line with personal income tax allowance

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