Tax News

Labour pledges to avoid raising taxes ‘on working people’


As the Autumn Budget approaches, the Government has pledged that it will “make the tax system fairer” and avoid raising ...

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With Income Tax unlikely to change, is it worth altering your dividend-based salary strategy?


For business owners and directors, dividends may form a critical element of your salary strategy and tax planning, keeping your ...

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Fiscal drag and tax thresholds: What does it mean for you


As the Government seeks to plug certain gaps in the public purse, we are unlikely to see any change in ...

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How increasing property prices are catching more families in the Inheritance Tax net


Inheritance Tax (IHT) has become a growing concern for more and more families across the UK, particularly as rising house ...

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Cryptoasset disposals under scrutiny from HMRC


HMRC has begun to issue ‘nudge letters’ to cryptoasset owners who may have underpaid tax when selling their assets, urging ...

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Repeal of furnished holiday lettings tax regime – Last chance for capital allowance claims


The furnished holiday lettings (FHL) tax regime is set to be scrapped from April 2025, with draft legislation already on ...

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Reminder – The deadline to register for Self-Assessment is approaching


When you're self-employed, keeping track of essential dates and deadlines can be challenging. One crucial date to remember is 5 ...

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Potential Inheritance Tax changes to pension pots – What it could mean for you


Speculation is mounting after the Institute for Fiscal studies (IFS) suggested changes to Inheritance Tax (IHT) on defined contribution pension ...

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The Budget is coming – It is time to prepare


The first Budget of the new Labour Government has been announced to take place on 30 October 2024. Ahead of ...

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