06 Apr 2018
Buy-to-let finance costs
Percentage of finance costs deductible from rental income reduces to 50%. Percentage of basic rate reduction is 50%.
Residence nil-rate band
Residence nil-rate band increases from £100,000 to £125,000.
The tax-free dividend allowance reduces from £5,000 to £2,000.
Enterprise Investment Scheme (EIS)
EIS investment limits raised to £2 million for knowledge-intensive companies only.
Company van benefit
Company van benefit rises £3,350.
Car benefit multiplier
Car benefit multiplier rises to £23,400.
National living wage
National living wage increases from £7.50 to £7.83 an hour for over-25s.
Higher-rate income tax threshold increases from £45,000 to £46,350.
Land transaction tax (Wales)
Wales assumes responsibility for setting its own land transaction tax rates in place of stamp duty land tax.
Marriage allowance rises to £1,185.
Capital gains tax allowances
Capital gains tax annual allowance for individuals increases to £11,700; and to £5,850 for trustees.
Lifetime pension allowance
Lifetime pension allowance increases to £1.03 million.
Start of new tax year
Start of new tax year.
Annual junior ISA limit rises to £4,260.
Personal allowance increases from £11,500 to £11,850.
01 Apr 2018
Measure of business rates changes
All future business rates are now determined by the Consumer Prices Index measure of inflation.
Corporation tax payment
Corporation tax payment due for year end 30 June 2017, for those companies not liable to pay their liability by instalments.
31 Mar 2018
Disincorporation relief ends
Government will not extend disincorporation relief beyond the 31 March 2018 expiry date.
Company accounts filing deadline
Deadline for filing your company tax return is 12 months after your accounting period for corporation tax ends.
End of corporation tax financial year.