Business tax

Motor vehicles Continuing the topic seen above on double cab pick-up vehicles, a similar change in approach applies in relation to plant […]

Self-employed individuals pay Class 2 and Class 4 National Insurance Contributions (NICs). The relevant rates and thresholds are:   2025/26 2024/25 Class […]

If you let out residential or commercial property, the profits are taxed as part of your ‘other income’. If you sell property […]

From 1 April 2025, the VAT registration and deregistration thresholds will remain at £90,000 and £88,000 respectively. There have been no changes […]

Rates from 1 April 2025 Corporation tax rates and thresholds for the financial year to 31 March 2026 remain unchanged as follows: […]

Despite numerous rumours of possible changes to the taxation of pensions in the run up to the budget, the Chancellor decided not […]

The main rate of IHT remains at 40%, reduced to 36% for estates where 10% or more is left to charity. The […]

Significant tax changes have been announced for UK resident non-domiciled individuals; namely those individuals spending most of their time in the UK […]

England and Northern Ireland – thresholds It has been confirmed that the 0% thresholds for Stamp Duty Land Tax (SDLT) will be […]

Interest on unpaid tax liabilities From 6 April 2025, the late payment interest rate charged by HMRC on unpaid tax liabilities will […]