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2010 budget news

Jonathan Winston Jonathan Winston
1 min read

The rate of capital gains tax for higher and additional rate taxpayers goes up from 18% to 28% with effect from 23 June 2010. The lifetime limit for entrepreneurs’ relief increases from £2 million to £5 million from the same date.

The main rate of corporation tax will go down from 28% to 24% over four years from April 2011, the plant and machinery rate of capital allowances will go down from 20% to 18% from April 2012 and the annual investment allowance will go down from £100,000 to £25,000 in April 2012.

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For anyone who has doubts to start the process of compensation through CICA being represented by Winston Solicitors is can categorically say its worth it.Stacey was excellent from day one and very reassuring. Any questions, doubts i had she put them all rest. The process was long due to one reason or another from mainly my side. I highly recommend this Solicitors .
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I've used a number of conveyoncers over the years but Leasa was by far the best. Attentive when required and able to mediate issues to ensure a smooth purchase. I've found with previous property purchases conveyancing correspondence can sometimes go unasnwered, however Leasa was prompt and proactive with any queries made both by telephone and email. She made the whole process extremely easy so I'd be happy to recommend Winstons as a professional firm and look forward to doing future business with them.
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