Originally posted by AtW
View Post
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Collapse
You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:
- You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
- You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
- If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.
Logging in...
Previously on "Welsh government to introduce distinct income tax rates"
Collapse
-
Originally posted by northernladyuk View PostAny hints on the personal allllywyns?handbra operation?
Leave a comment:
-
Originally posted by Paddy View PostThe Welsh government has to find money to make up for the lost EU regional funding after Brexit.
Leave a comment:
-
The Welsh government has to find money to make up for the lost EU regional funding after Brexit.
Leave a comment:
-
Originally posted by northernladyuk View PostAny hints on the personal allllywyns?
Leave a comment:
-
I like these bits:
1. "three income taxes imposed by UK government are reduced by £0.10" - ten pence refund
2. "the Welsh rates of income tax be applied in addition to the reduced UK income tax rates" - new massive taxes on top
Croeso Cymru
P.S. They might have to introduce new toll on exiting Wales on that bridge...
Leave a comment:
-
There's tidy.
Does it affect normal people, i.e. those of sound mind, who have decided to live somewhere civilised?
Leave a comment:
-
Welsh government to introduce distinct income tax rates
"The Welsh government will introduce distinct rates of income tax for UK taxpayers residing in Wales from April 2019.
The new Welsh rates of income tax have been announced as part of the Welsh government’s Draft Budget 2018-2019 outline proposals report, published in October 2017. The report outlines the fiscal framework agreed by both Welsh and UK governments in December 2016, which proposed that the three income taxes imposed by UK government are reduced by £0.10 for UK taxpayers who live in Wales. Welsh ministers will then recommend that the Welsh rates of income tax be applied in addition to the reduced UK income tax rates. The National Assembly will then vote on the new Welsh rates, which are due to come into effect from April 2019.
The majority of income tax responsibilities, such as setting the personal allowance, setting the income thresholds at which tax rates will apply, and the taxation of income from savings and dividends, will still be carried out by UK government, with HM Revenue and Customs (HMRC) continuing to administer and collect income tax payments.
The Welsh government has assumed there is no net budgetary impact from the introduction of Welsh rates of income tax for the 2018-2019 tax year, however ministers have provided indicative allocations for 2019-2020 in the draft budget, estimating that 13% of the Welsh government’s funding will be derived from the Welsh rates of income tax."
https://www.employeebenefits.co.uk/i...ome-tax-rates/
Tags: None
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Leave a comment: