top of page

Key Dates 2019

Writer: ALM FinancialALM Financial

Updated: Mar 26, 2020


1 April

National Living Wage (for age 25+) rises to £8.21.

National Minimum Wage rises to £7.70 (21 - 24-year olds), £6.15 (18 -  20-year olds), £4.35 (16 - 17-year olds), and £3.90 (apprentices under 19 or in the first year of their apprenticeship).

Council tax bills rise up to 4.99%

Universal Credit for households with children and those with disabilities will to go up £1,000.


5 April

End of the 2018/19 tax year. Have you used all your allowances?


6 April

Start of the 2019/20 tax year

ISA allowance remains at £20,000

Junior ISA allowance goes up to £4,368

Minimum auto-enrolment contributions go up to 8% (at least 3% from the employer and 5% from the employee).

State Pension rises by 2.6%. Recipients of the old State Pension will get an extra £3.25 a week, those with the new State Pension will get an extra £4.25.

Lifetime allowance for tax free pension saving rises to £1,055,000

Personal allowance rises to £12,500

Higher rate tax threshold goes up to £50,000

Mortgage interest relief for landlords goes down to 25% Call us if this impacts you!


1 May

National Savings and Investments index-linked savings to CPI


21 June

Go Home on Time Day: part of a national campaign to highlight the importance of having a good work-life balance. Leave on time and do something you love!


1 July

New rules mean mobile phone providers must make switching easier


31 July

Tax credit renewal deadline for anyone who claims Working Tax Credit or Child Tax Credit


29 August

Payment Protection Insurance (PPI) Deadline day - you have until 11.59pm to claim for mis-sold PPI


31 October

Paper self-assessment deadline for your return to be with HMRC.


30 November

Help to Buy ISA closes to new savers.


Your financial plan could be impacted by these key dates. Talk to us for advice.



HM Revenue and Customs practice and the law relating to taxation are complex and subject to individual circumstances and changes which cannot be foreseen.

 
 
 

Comments


ALM Financial Ltd

49 Church Street, Portadown, Co.Armagh BT62 3EU

T: 028 3839 3050
F: 028 3839 3080

E: info@almfinancial.co.uk

  • Twitter - Black Circle
  • LinkedIn - Black Circle

Approved by The Openwork Partnership on 30/08/2024

Andrews Loynton & McCulla is a trading style of ALM Financial Limited which is an appointed representative of The Openwork Partnership, a trading style of Openwork Limited which is authorised and regulated by the Financial Conduct Authority. Registered address 49 Church Street, Portadown, Co. Armagh, BT62 3EU. Registered Number: NI701108.

 

The information on this website is for use of residents of the United Kingdom only. No representations are made as to whether the information is applicable or available in any other country which may have access to it.

Approved by the Openwork Partnership on 15th February 2023

Part of The Openwork Partnership_Logo_Colour_CMYK.png
bottom of page