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From August 2025 employed taxpayers will no longer be required to complete a self assessment tax return (SATR) to declare and pay the high-income child benefit charge (HICBC)

The HICBC is a tax charge paid by the higher earning parent which claws back up to 100% of the child benefit claimed by ei...

The sunset clause which was set to end the Enterprise Investment Scheme (EIS) and Venture Capital Trust (VCT) scheme on 5 April 2025 has been extended for a further ten years

The schemes, which offer tax relief for individuals investing in qualifying small and medium-sized companies including st...

As announced in the Autumn Budget, the national minimum wage (NMW) and the national living wage (NLW) are set to increase from April 2025

The hourly rate will depend on the worker's age and whether they are an apprentice.

The NLW applies to workers aged 21 and over, while workers of school lea...

The changes to capital gains tax announced in the Autumn Budget are subject to anti-forestalling rules designed to prevent taxpayers from circumventing the new rates and rules

In the Autumn Budget the Chancellor announced an immediate increase to the main rates of capital gains tax (CGT). From 30...

HMRC has tightened up the process for claiming tax deductible employment expenses following a series of high-profile scandals

If you incur job-related expenses of up to £2,500 which are not fully reimbursed by your employer you may be able to claim tax relief. For expenses to be eligible for reli...