Dates & Deadlines
06 April 2019
National insurance to be paid on termination payments in excess of £30,000.
Residence nil-rate band
Residence nil-rate band increases from £125,000 to £150,000.
Buy-to-let finance costs
Percentage of finance costs deductible from rental income reduces to 25%. Percentage of basic rate reduction is 75%.
Lifetime pension allowance
Lifetime pension allowance increases to £1.055 million.
Capital gains tax allowances
Capital gains tax annual allowance for individuals increases to £12,000; and to £6,000 for trustees.
Annual Junior ISA limit rises to £4,368.
National living wage
National living wage increases from £7.83 to £8.21 an hour for over-25s.
Personal allowance increases from £11,850 to £12,500 throughout the UK.
Company van benefit
Company van benefit rises £3,430.
Higher-rate income tax threshold increases in England, Wales and Northern Ireland from £46,350 to £50,000.