Personal tax

Personal tax changes

Here is an overview of some of the main changes for 2017/18 affecting personal finances.

Tax-free childcare to start in April

The government’s new tax-free childcare scheme will launch on 24 April 2017.

Over 55s risk missing out on family home allowance

Over 55s are at risk of missing out on the family home allowance for inheritance tax coming into force in April.

Self-employed NICs rise dropped

Plans to increase national insurance contributions for the self-employed have been dropped.

Reminder: residence nil-rate band from April

The residence nil-rate band is coming into effect from 6 April 2017.

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