Spring Budget 2024 – non-dom changes
In a move that may partly have been prompted by seeking to mirror a longstanding policy of the Labour party, ...
Spring Budget 2024 – CGT on disposals of residential property
A higher rate of Capital Gains Tax (CGT) applies to gains on the disposal of residential property if the gain ...
Spring Budget 2024 – Alcohol and Tobacco Duty
As part of the Spring Budget measures, the Chancellor announced that the duty rates on beer, cider, wine and spirits ...
Spring Budget 2024 – High Income Child Benefit Charge
The High Income Child Benefit Charge (HICBC) came into force January 2013 and has applied to taxpayers whose income exceeds ...
Spring Budget 2024 – VAT registration threshold changes
The taxable turnover threshold that determines whether businesses should be registered for VAT will increase from £85,000 to £90,000 from ...
Spring Budget 2024 – NIC changes
As had been widely expected, the Chancellor announced further changes to National Insurance contributions (NIC) rates for employees and the ...
Budget summary 6 March 2024
As expected, the Chancellor has found wriggle room in his fiscal rules that have allowed him to please his fellow ...
Companies House rolls-out new powers
The first measures under the Economic Crime and Corporate Transparency Act 2023 (ECCT Act) came into force on Monday 4 ...
Pension fund reforms
The Chancellor announced pension fund reforms as a further step in the government’s plan to boost British business and increase ...
Holiday Lets averaging election
The furnished holiday let (FHL) rules allow holiday lettings of properties that meet certain conditions to be treated as a ...
Appeals against tax penalties
It is not unusual for taxpayers to find themselves in a position where they disagree with a tax decision issued ...
Advise HMRC if company is dormant
If a company has stopped trading and has no other income, then the company is usually classed as dormant for ...
