Remember that if you sell any assets such as shares or property these must be declared on your personal tax return. Everyone receives an £11,700 CGT allowance and then your gains are taxed at 10% for basic rate tax payers and 20% for upper rate. If you sell your business (assets) then you can claim ENTREPRENEUR RELIEF AT 10%.
New National Insurance rate
To help pay for the NHS and social care from April 2022 1.25% will be added to all National Insurance rates –...