With the most recent Budget being announced last week, we have summarised the highlights that may be important for you and your business. - Firstly, the personal allowance is due to increase to £11,000 in April 2016 and £11,500 in April 2017, meaning that the amount you can earn, tax free, is on the rise. - The higher rate 40% tax bracket is set to increase from £42,385 to £45,000 by April 2017. - For the Self-Employed, Class 2 National Insurance Contributions are set to be a