There have been several changes to employment taxes that will impact both employers and employees. These changes, effective from the 2024/25 tax year, include adjustments to National Insurance Contributions (NICs),…
Read moreKey Tax Changes Affecting Capital Gains and Inheritance: What You Need to Know for 2024/25
Dec 14 2023-
The UK government has announced important changes in the areas of Capital Gains Tax and Inheritance Tax, set to take effect in the financial year 2024/25. These changes will have…
Read moreThe UK's financial landscape is set for significant changes starting 1 April 2024, especially concerning corporate taxes. These changes, relevant to businesses of various sizes and sectors, include modifications to…
Read moreHMRC have recently clarified their view of the tax treatment of the reimbursement of electricity costs where employees charge their electric company cars at home. HMRC now accepts that reimbursing…
Read moreSince April 2014 members of an LLP are no longer automatically treated as self-employed for tax purposes. A recent case before the Upper Tax Tribunal examined the tax status of…
Read moreTax season is on the horizon, and as many of us know, it's a time that can evoke a range of emotions – from mild apprehension to sheer dread. But,…
Read moreRecent Tribunal decisions in favour of employing companies and against HMRC has caused many organisations in similar circumstance to make protective claims for the recovery of National Insurance Contributions (NIC)…
Read moreIn the weeks before any Budget or Autumn Statement there are always leaks and rumours. Normally, in the run up to a General Election there are also tax give aways…
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