Odds On Budget 2016 Predictions

With the Cheltenham Festival starting today, we thought it appropriate to list our predictions for tomorrow in a betting card format! 

  • 4/13 – Increase in Insurance Premium Tax
  • 4/9 – Cuts to welfare benefits
  • 4/7 – Increase in Stamp Duty Land Tax22175861_s
  • 4/5 – Further crackdown on tax avoidance
  • Evens – Increase in Fuel Duty
  • 2/1 – Additional tax on personal service companies
  • 10/1 – Salary sacrifice to be abolished
  • 20/1 – Reduction in Entrepreneurs’ Relief
  • 1000/1 – Inheritance tax to be abolished
  • Withdrawn! – Pensions “tax free” cash to be abolished

Apologies for most of the above “racing certainties” being bad news…………and fingers crossed that we are not good turf-accountants and tomorrow’s Budget turns out to be much better than anticipated!

Our dedicated Budget 2016 area on our website will provide details on the announcement during tomorrow afternoon, so don’t forget to check back for all the latest news.

Don’t miss out: By tomorrow evening our 2016/17 tax tables will also be available to view and download from our website.

If you have any queries on the 2016 Budget please do not hesitate to contact one of our tax specialists on 01228 530913 or 01768 864466.

Dodd Wealthcare Limited is an appointed representative of Investacc Limited which is authorised and Regulated by the Financial Conduct Authority.

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