Specialist Tax News

The Spring Statement was an economic update given in challenging circumstances, in what was regularly referred to as a ‘changing world’. Remember, we are here to
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Date What’s Due 5 April End of the 2024/25 tax year – many tax planning actions need to have been taken by this date. 6 April
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With just over a year to go before Making Tax Digital for Income Tax (MTD for IT) is mandated, now is the time to consider whether
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2024 saw an increase in the main rates of Capital Gains Tax (CGT) for disposals taking place on or after 30 October 2024 (now 18% and
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The loan charge was brought in to curtail the use of specific tax avoidance schemes that sought to avoid Income Tax and National Insurance by disguising remuneration as
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2024 was the first year for which digital platforms such as Amazon and eBay were required to send information about vendors to HMRC. The reporting requirements
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Annual Tax on Enveloped Dwellings (ATED) is payable by ‘non-natural persons’, such as companies, that hold an interest in UK residential property valued at over £500,000.
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The table below sets out the HMRC advisory fuel rates from 1 March 2025. These are the suggested reimbursement rates for employees' private mileage using their
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Date What’s Due 1 March Corporation Tax for year to 30/05/2024, unless quarterly instalments apply. 19 March PAYE & NIC deductions, and CIS return and tax,
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HMRC has published new guidance regarding a change in the interpretation of how Double-Cab Pickup (DCPU) vehicles should be classified for car benefit, capital allowances and
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With the tax/financial year end approaching, now is a good time to check that you’re making the most of the available reliefs and allowances available to
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It is possible to claim Income Tax relief on eligible employment expenses that have not been reimbursed by your employer. If you file a self assessment
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