Jan. 14, 2025
Budget
January 14, 2025
6 Key tax planning strategies for 2025
Categories:
With a significant increase to the lower rate of Capital Gains Tax (CGT) from 2024 and beyond, business owners need to consider when to sell their business. Doing so sooner could save considerable Capital Gains Tax.
Read More
November 11, 2024
The Autumn Budget – a brave new tax world
Categories:
Chancellor Rachel Reeves’ first Budget was a significant one in all senses. “…this Budget delivers a large, sustained increase in spending, taxation, and borrowing.” So said the Office for Budget
Read More
October 31, 2024
2025/2026 Tax Tables
Categories:
Wondering what the tax rates are for 2025/26? Download our tax tables to see all the main tax rates thresholds and allowances for areas such as income tax, NI, capital
Read More
October 31, 2024
2024 Autumn Budget Summary
Categories:
The first Budget from a Labour government since March 2010, and the first ever from a female Chancellor, proved to be the defining event that had been widely anticipated. From
Read More
October 30, 2024
Autumn Budget 2024
Categories:
The Chancellor said the Budget would highlight £40bn in tax rise, but did she stick to Labour’s manifesto pledges or pull some unexpected rabbits out of the hat?
Read More
October 25, 2024
How will the Autumn Budget affect business owners exit and retirement plans?
Categories:
With the new Labour Government’s first Budget due on 30 October, we look at the changes that could be announced that may affect business owners and their exit and retirement
Read More
October 11, 2024
What can businesses expect from the Autumn Budget 2024 – VAT on school fees
Categories:
Whilst there remains much speculation around potential Autumn 2024 Budget announcements, the rumours around VAT on school fees have now been made clearer by the release of policy papers by the Government regarding VAT on private school fees.
Read More
October 4, 2024
What can businesses expect from the Autumn Budget 2024 – Capital Gains Tax
Categories:
The first new Labour Government Autumn Budget will take place on Wednesday 30 October 2024. New Chancellor Rachel Reeves needs to raise revenues and it is expected that she will deliver a Budget with significant tax changes and announcements.
Read More
September 27, 2024
Budget October 2024
Categories:
We are actively working with clients to ensure sensible planning precautions are implemented before 30th October, and our Senior Partner and Head of Tax, Steven Corner, has been briefing us on his thoughts about the forthcoming statement.
Read More
July 29, 2024
Class 4 NIC reductions benefit the self-employed
Categories:
Self-employed workers will see a substantial reduction in their Class 4 national insurance contributions (NICs) for the current tax year after two percentage cuts were announced in the 2023 Autumn Statement and 2024 March Budget.
Read More
July 22, 2024
From victory to Budget? Labour’s first 100 days
Categories:
With a majority of over 200 and a weight of expectations, what happens next for Sir Kier Starmer’s new Labour government?
Read More
May 31, 2024
2024 tax rates and tax changes
Categories:
While the majority of the 2024/25 tax rates were released in the autumn statement, the Chancellor Jeremy Hunt announced some further changes during the Spring Budget in March 2024.
Read More