Planning your exit? Watch out for the BADR changes
If you are thinking about selling your business, timing could be everything. Business Asset Disposal Relief (BADR), formerly known as Entrepreneurs’ Relief, […]
Month: March 2025
New reporting requirements for dividend data
Starting with the 2025/26 tax year, directors of close companies (owner-managed companies) will need to separate the dividend income received from their […]
Making Tax Digital for income tax
With just over a year to go before Making Tax Digital for Income Tax (MTD for IT) is mandated, now is the […]
Timing of disposals and elections for Capital Gains Tax
2024 saw an increase in the main rates of Capital Gains Tax (CGT) for disposals taking place on or after 30 October […]
Loan charge review – have your say!
The loan charge was brought in to curtail the use of specific tax avoidance schemes that sought to avoid Income Tax and National Insurance […]
Are you trading?
2024 was the first year for which digital platforms such as Amazon and eBay were required to send information about vendors to […]
ATED
Annual Tax on Enveloped Dwellings (ATED) is payable by ‘non-natural persons’, such as companies, that hold an interest in UK residential property […]
Advisory fuel rates for company cars
The table below sets out the HMRC advisory fuel rates from 1 March 2025. These are the suggested reimbursement rates for employees’ […]
Diary of main tax events March / April 2025
Date What’s Due 1 March Corporation Tax for year to 30/05/2024, unless quarterly instalments apply. 19 March PAYE & NIC deductions, and […]
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