The UK government has launched a new Industrial Strategy Advisory Council which brings together business leaders from across the UK […]
HMRC could save an estimated 1.7 million hours of call handlers’ time every year if it implemented an automated status
HMRC is reminding people who pay tax by self assessment of the opportunity to spread the cost of their bill
The VAT registration threshold After many years of having been frozen, the government will increase the VAT registration threshold from
Capital Gains Tax rates The Capital Gains Tax (CGT) rate remains at 10%, to the extent that any income tax
National Insurance contributions The Chancellor has previously announced major changes to the National Insurance contributions (NICs) system. Employees and NICs
Tax bands and rates The basic rate of tax is 20%. For 2024/25 the band of income taxable at this
Chancellor Jeremy Hunt delivered his ‘Budget for Long Term Growth’ on Wednesday 6 March 2024. His speech promised ‘more investment,
The VAT registration threshold From 1 April 2025 the VAT registration threshold remains at £90,000 and the deregistration threshold at