Capping of Tax Reliefs from April 2013

BLOG13th Dec 2012

The government is to introduce a cap on the amount of income tax relief which can be claimed and we expect the relevant legislation to be introduced from 6 April 2013. The government has said that the intention of the restriction is to prevent taxpayers from claiming excessive tax relief and to ensure those on the highest of incomes pay a fairer rate of tax.

How AAB can help

Private Clients & High Net Worth Individuals

Our team support a diverse array of individuals such as employed professionals, business owners, families and international sports stars. As AAB clients, they all benefit from absolute confidentiality and share a unified goal of optimising and safeguarding their personal wealth. Our services extend far beyond mere tax return completion. In addition to standard personal tax compliance, our dedicated team of personal tax specialists delivers dependable and practical tax advice, ensuring full compliance and optimal positioning.

View our private client services

Related services