NEWS & UPDATES

1. Personal and Investment Tax Changes • Savings and property income tax rates increased
From 6 April 2027, the tax rates on savings income and property income will each rise by 4 percentage points. The new rates will be: ◦ Basic rate: 24% ◦ Higher rate: 44% ◦ Additional rate: 49% (approaching the 50% rate last seen in 2012/13) • Interest withholding tax
Aligns with the new basic rate on savings i