KMP is a leading Chartered Accountancy and Business Advisory firm in Croydon Surrey providing a quality and bespoke accountancy and tax services to our clients.
Kings Mill Accountants maintain business and personal confidence in your affairs by offering professional and specialist advice in areas such as Tax Services, Audit, Financial Planning, Accounts, Corporate Finance, Business Start Ups, Payroll Services, VAT and Bookkeeping, giving you the time to manage your business effectively.
The Chancellor’s second Budget of 2017
This Budget was a steady-as-she-goes, with a relatively modest net tax giveaway of just under £1.6 billion for the coming tax year. The Chancellor main attention-seeking move was to give first time buyers an exemption from stamp duty land tax on the first £300,000 of value for properties worth up to £500,000. With income tax, the changes were much less dramatic – increasing both the personal allowance and the higher rate threshold by 3% – the standard inflation-linked increase. There was better news for pension savers who enjoyed a £30,000 increase in the lifetime allowance and thankfully no cuts to the annual allowance.
For more details please see here.