Spring Statement

Chancellor of the Exchequer, Rachel Reeves, held the Spring Statement on Wednesday 26 March 2025.
Highlighting national security, state reform and growth.
Highlighting income tax, pensions and non-UK domiciled individuals.
Highlighting employees, employers and the self-employed.
Highlighting the National Living Wage, the National Minimum Wage and company cars.
Highlighting capital gains tax and inheritance tax.
Highlighting MTD for income tax, corporation tax, capital allowances and Furnished Holiday Lettings.
Highlighting consultations and VAT.

06 May 2025

Sole traders and landlords get Making Tax Digital warning

Sole traders and landlords with an income over £50,000 have been warned that there is less than a year before they will be required to use Making Tax Digital for Income Tax (MTD for IT).

06 May 2025

Loan charge review calls for evidence

The independent review into the loan charge has issued a call for evidence with examples of promotional material and marketing leaflets a priority for the review team.