Tag Archives: allowances and reliefs

Top 10 Personal Finance Articles – September 2009

Here is our usual monthly list of the top 10 read articles on shrewdcookie.com in September – there are some surprising entries!

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Budget 2009 – The Key Changes

Alistair Darling, Chancellor of the Exchequer presented his Budget for 2009 last week and below are the main points and changes contained in the Budget:

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Tax Allowances 2009 – Tax Rates 2009

The new tax year commencing on 6th April 2009 brings with a new range of tax relief, rates and allowances. These are subject to change – please check current rates with an Accountant before acting on them.

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Inheritance Tax – allowances and reliefs

In this second part of a three part series we will consider the main allowances and reliefs which can be used to reduce your liability to Inheritance Tax.

The Nil Rate Band currently stands at £312,000 – on the first £312,000 of your net taxable estate IHT is payable at 0% – hence the name “Nil Rate Band”.

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