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The Chancellor has announced that the main rate of secondary Class 1 national insurance contributions (NIC) for employers will increase by 1.2 percentage points from 13.8% to 15% from April 2025.

The Class 1A and Class 1B employer rates (relating to benefits) will also increase in line with this....

The rates of capital gains tax (CGT) payable on gains arising from assets other than residential property have been increased with immediate effect.

Rates

Those taxpayers who decided to accelerate planned investment disposals before the Budget in anticipation of the predicted CGT hike will be...

Showing renewed commitment to promoting electric vehicles over petrol, diesel and hybrid models, the Government has extended the 100% first year allowance for zero-emission cars.

Businesses and individuals can continue to deduct the full cost of zero-emission vehicles and electric vehicle charge-...

Reversing the previous Government's u-turn on the tax treatment of double cab pick-ups, they will revert to being treated as cars for certain taxation purposes from April 2025

If you purchase a double cab pick-up with a payload of one tonne or more before 1 April 2025 for corporation tax, or 6 Ap...

Certain types of company are not eligible to apply the small profits rate for corporation tax, regardless of their profit levels.

On 1 April 2023, the main Corporation Tax (CT) rate was increased from 19% to 25%. A small profits rate of 19% was introduced for companies with profits below £50,000...