Want to give your staff (and yourself) a little treat – without the taxman wanting something too? HMRC has this thing called Trivial Benefits. Here’s how […]
You can’t expense your breakfast just because you were ‘working on the business’ 😋 Enjoy your cinnamon swirl and vanilla latte, but don’t expect HMRC to […]
Timeframe: Immediate Planning points: Residential property businesses need to adapt their strategies to manage the financial impact of this increase. Here are some practical planning points […]
Timeframe: Immediate Action points: Capital Gains tax rates for disposal on or after 30 October 2024 will increase from 10% to 18% and the higher rate […]
Action points: The main rate of Corporation tax for businesses with taxable profits over £250,000 will remain at 25% until the next election. Planning points: With […]
Timeframe: From April 2025 & 2026/27 Action points: The current 75% discount on business rates is set to expire in April 2025, this will be replaced […]
Timeframe: From April 2025 Action points: NI Contributions will increase to a total of 15%, and the National Insurance primary threshold – which is when employers […]
Timeframe: From April 2025 Action points: The National Living Wage for workers over 21 will increase by 6.7% in April 2025 to £12.21 per hour, which […]