Autumn Budget: Work-From-Home Relief- Abolished from April 2026 The Autumn Budget confirmed that the long-standing Work-From-Home tax relief will be abolished from April 2026. This marks the end of a benefit that became widely used during and after the pandemic, particularly as hybrid working arrangements became normal for many employees. Going forward, the only […]
A TAX POT POURRI Is it just us, or is the tax take feeling more and more like the late 1970’s and early 1980’s? There just seems to be a relentless drive to leave less money in the pockets of both individuals and businesses. Below are a few changes heading our way in the very […]
Your guide to the 2025 Autumn Budget How will the changes affect you? The Chancellor of the Exchequer, Rachel Reeves, came to Parliament to deliver her second Budget and most talked about since Labour came to power. The Chancellor says her priorities are “cutting the cost of living”, “cutting NHS waiting lists” and “cutting the […]
Covid 19 – The Amnesty During Covid there was a whole raft of Government Support Schemes – For example: Business Loan Guarantee Schemes such as the £50,000 Bounce Back loans. Coronavirus Job Retention Scheme. Self-employed Income Support Scheme Cultural Recovery Fund. Eat Out to Help Out Scheme. It is well documented that not everybody […]
Spring 2025, Budget Action Pack Impact on Employer Increase in Employers NIC to 15% from April 2025 Reduction of Employers lower limit from £9,100 to £5,000 per employee from April 2025. Employers Allowance increases from £5,000 to £10,500. Actions to consider Pay bonuses prior to April 2025 Consider salary sacrifice Pay some 2025/26 salary prior […]
Are you about to sell a UK residential property? Are you ready to complete the new Property Tax Return? Have you gathered information to calculate the possible tax on sale? Have you set up an online Capital Gains Tax on UK property account with HM Revenue & Customs? Given the 60-day deadline for submitting the […]
First Budget post the General Election V2 Updated The newly formed Labour Government has committed to including a forecast from the Office of Budget Responsibility (OBR) within their first Budget which therefore requires a 10 week notice period to be put together. On that basis the earliest date on which the Budget could take place […]
First Budget post the General Election The newly formed Labour Government has committed to including a forecast from the Office of Budget Responsibility (OBR) within their first Budget which therefore requires a 10 week notice period to be put together. On that basis the earliest date on which the Budget could take place is mid- […]
Changes are being brought in over the next few years to combat fraud, money, laundering, identify theft and other economic crime. The general impact is for Companies House to become a “more active gatekeeper”, rather than the “passive recipient of information”. PLEASE CLICK HERE TO SEE NEW CHANGES
What is the present income tax position regarding an employee provided with a DCP? • Assuming the DCP’s original construction has not been altered and the payload is 1 tonne or more, there is a fixed van benefit charge of £3,960 and a fixed van fuel charge of £757. What is HMRC now stating? • […]
