With the dividend allowance now cut to just £500, the number of taxpayers paying tax on dividend income for 2024/25 is expected to be double what it was three years ago. Previously set at £2,000, the dividend allowance was reduced to £1,000 for 2023/24, and to £500 from 2024/25 onwards....
Capital gains tax: a minority sport?
Will increased capital gains tax (CGT) mean less tax gets paid? Source HMRC The Labour...Student loan threshold frozen
The student loan repayment threshold for England and Wales has been frozen at £25,000 until...Tips and troncs – what does it mean for your business?
Since July, it has been illegal for employers to withhold tips from staff. The payment...
HMRC has launched a new digital tool to help businesses estimate the potential impact of their VAT registration. This will...
While only briefly mentioned in the King’s Speech, the government has now revealed more details of the Renters’ Rights Bill....
In her first detailed tax announcements as Chancellor, Rachel Reeves targeted both those starting off in life and those approaching...
The number of taxpayers caught in the 60% tax trap has increased by nearly 25% over the past year. More...
The date of the Autumn Budget has been announced (Wednesday 30 October 2024), accompanied by the new Chancellor’s warning about...
Companies without a digital invoice processing system in place are leaving themselves open to invoice fraud. Over the past year,...
