02 December 2024
The announcement in the Autumn Budget about restrictions to inheritance tax (IHT) agricultural and business property relief from April 2026 has upset farming businesses in particular,
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02 December 2024
The current tax rules encourage farmers and other business owners to hold on to their business until death, when the assets then pass to the next
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02 December 2024
HMRC have developed an app that can help people prepare for their retirement. Individuals can use the app to check their State Pension Forecast, allowing them
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02 December 2024
Some employers need to pay their employees earlier than usual in December. This can be for several reasons, such as businesses closing during the festive period
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02 December 2024
Employers should note that certain gifts to staff at Christmas are tax free if structured correctly. Employers are allowed to provide their directors and employees with
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02 December 2024
There continues to be no taxable benefit for employees provided that all staff are invited, and the cost to the employer does not exceed £150 a
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02 December 2024
The table below sets out the HMRC advisory fuel rates from 1 December 2024. These are the suggested reimbursement rates for employees' private mileage using their
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02 December 2024
Date What’s Due 1 December Corporation tax for year to 29/02/2024, unless quarterly instalments apply. 19 December PAYE & NIC deductions, and CIS return and tax,
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04 November 2024
On 30 October 2024, Chancellor Rachel Reeves presented her first budget to parliament. This was a budget intended to restore stability to our economy and to
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04 November 2024
Please note that ‘tax years’ run to 5 April each year and that, for example, 2025/26 signifies the year to 5 April 2026. Your personal allowance
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04 November 2024
As expected, and with immediate effect from the budget date of 30 October 2024, the rates of capital gains tax (CGT) have been increased on some
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04 November 2024
Employers must pay their employees at least the NLW, for workers aged 21 and over, or the NMW otherwise. The minimum hourly rates change on 1
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