Budget 2025 overview The 2025 Budget was delivered by The Chancellor, Rachel Reeves, on 26 November. The day had a tumultuous start due to the OBR’s accidental leak of the documents online hours before the Chancellor made her speech. The Government plans to raise...
Being a director of a UK company comes with significant responsibility, and navigating the world of tax can feel like a complex maze. Proactive tax planning is crucial, not just for compliance, but also for maximising your income and minimising your tax liabilities,...
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...