From 1 March 2025, HMRC has set new advisory fuel rates for company cars. These rates are used to: Reimburse employees for private mileage in a company car Cover business…
Read moreAnnual Tax on Enveloped Dwellings (ATED) is a tax that applies to companies and other non-individual owners of UK residential properties worth more than £500,000. The amount payable depends on…
Read moreIn 2024, the main Capital Gains Tax (CGT) rates increased for disposals made on or after 30 October 2024—now 18% and 24%. On top of that, the Business Asset Disposal…
Read moreWhether your business is a charity, community club, limited company or you’re self-employed, you may be able to claim tax reliefs to reduce your tax liability. As the new…
Read moreIf you’ve had to pay for work-related expenses that your employer hasn’t reimbursed, you may be able to claim Income Tax relief. How to claim If you file a Self-Assessment…
Read moreWith the tax year ending soon, now is a good time to check if you're making the most of available tax reliefs and allowances. If any of this applies to…
Read moreThe Government shared its ‘Corporate Tax Roadmap’ during the Autumn Budget 2024. This plan aims to give businesses clarity about the tax system so they can make informed decisions. It…
Read moreThe Scottish Budget, presented on the 4th of December, included key updates on the Scottish Rate of Income Tax (SRIT) and Land & Buildings Transaction Tax (LBTT). Scottish Rate of…
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