June 19, 2025
Corporation Tax Rates: What You Need to Know
From 1 April 2023, Corporation Tax in the UK operates on a tiered system. The main rate of 25% applies to companies with taxable profits over £250,000,
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June 16, 2025
Chancellor Rachel Reeves delivered her first Spending Review to Parliament last week, setting out the government’s financial priorities for the next three years. Her approach signals a shift away from
June 16, 2025
BT has announced that it may exceed its previously stated target of cutting 40,000 jobs by 2030, as artificial intelligence (AI) becomes more central to its operations. The move comes as the company
June 12, 2025
Selling your main residence? Private Residence Relief can exempt you from Capital Gains Tax. If you meet certain conditions, there may be nothing to pay.
In most cases, Capital Gains Tax (CGT) does
June 12, 2025
Lifetime gifts can reduce Inheritance Tax, but survival for seven years and using key exemptions like the £3,000 annual allowance are crucial to making them fully tax-free.
Most gifts made during a
June 12, 2025
The BADR Capital Gains Tax rate has risen to 14% from April 2025 and will increase further to 18% in April 2026.
Business Asset Disposal Relief (BADR) offers a valuable tax advantage by applying a
June 12, 2025
Identity verification is now rolling out for directors, PSCs, and agents, with more filing roles to be included soon under new anti-fraud rules.
Companies House is beginning to roll out mandatory
June 12, 2025
If you’re married or in a civil partnership, and one of you earns under the personal allowance (currently £12,570 for the 2025-26 tax year), you may be eligible for Marriage Allowance. To start the
June 12, 2025
Use your own vehicle for work? You could be entitled to a tax-free mileage allowance. Make sure you are not missing out on HMRC-approved rates.
If you use your own car, van, motorcycle, or bicycle