The Spring Statement 2025 Chancellor Rachel Reeves has delivered her Spring Statement for 2025. As promised, the Statement does not propose any tax hikes, but it does reveal a downgrading of the growth forecast in a brief and gloomy precursor to the Autumn Budget....
Tax rules for non-domiciled residents From 6 April 2025, non-domiciled residents or ‘non-doms’ in the UK will experience a tougher tax environment under new tax rules proposed by the Government. Previously, non-doms have had the benefit of exempting their foreign...
The tax treatment of work Christmas parties Limited companies can often claim the cost of staff Christmas parties as an allowable expense. That means you can celebrate with your employees and minimise your corporation tax bill all at once. Also, some functions may be...
Autumn Budget roundup A Budget full of tricks rather than treats – Here’s our Autumn Budget roundup Rachel Reeves announced a range of fiscal adjustments in the Autumn Budget. Focusing on employer contributions and personal tax thresholds to sustain...
Tax Changes For Furnished Holiday Lets The government has issued draft legislation to abolish the special tax treatment for furnished holiday lettings from 6 April 2025 for individuals and from 1 April 2025 for corporation tax. What is a furnished holiday let? A...
