News

Claim for a business journey in a private vehicle

Use your own vehicle for work? You could be entitled to a tax-free mileage allowance...

Private Residence Relief – when it applies

Selling your main residence? Private Residence Relief can exempt you from Capital Gains Tax. If...

Current IHT gift reliefs

Lifetime gifts can reduce Inheritance Tax, but survival for seven years and using key exemptions...

Business Asset Disposal Relief – forthcoming changes

The BADR Capital Gains Tax rate has risen to 14% from April 2025 and will...

New requirement – verifying ID at Companies House

Identity verification is now rolling out for directors, PSCs, and agents, with more filing roles...

When changing a company’s name absolves a daughter company of its obligations

The Court of Appeal addressed the complexities of benefit scheme amendments and the lines of...

Four critically important KPIs

Gross profit margin This measures the profitability of your core operations by comparing gross profit (sales...

The value of tax planning for high net worth individuals

For high net worth individuals (HNWIs), tax planning is not simply a compliance activity, it...

Tax Diary July/August 2025

1 July 2025 - Due date for corporation tax due for the year ended 30...