UK Budget 2021- UK Residential Property Investor Impact

Interesting Jurisdictions, Tax Planning for U.S. Real Estate Investing, UK Tax Planning /

Budget Provisions Announced: 1.Personal Allowances (for UK residents and non-resident UK citizens) for Income Tax is increased on 6 April 2021 to £12,570 and frozen until 5 April2026. 2.Basic rate (20%) band for income tax is increased to £37,700 (from £37,500)on 6 April 2021 and frozen until 5 April 2026. 3.Higher rate (40%) threshold increased […]

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