June 2025 - Page 2 of 4

23 Jun 25

Winter Fuel Payments reinstated

The government has announced the reinstatement of Winter Fuel Payments for pensioners in England and Wales for winter 2025-26, reversing the previous year's cuts. Around nine

19 Jun 25

Tax rules for savings interest

You could earn up to £18,570 in tax-free savings interest in 2025-26, thanks to the personal allowance, starting rate for savings, and the Personal Savings Allowance. If your

19 Jun 25

When do the higher rates of Income Tax apply

Once your income passes £100,000, your tax-free allowance starts to shrink. Between £100,000 and £125,140, the effective tax rate climbs to 60%, but smart planning can help. If

19 Jun 25

2025 Spending Review published

The government’s 2025 Spending Review outlines a major funding boost for healthcare, defence, housing, and infrastructure to support long-term recovery and growth. The 2025

19 Jun 25

VAT Annual Accounting

Streamline your VAT reporting with fewer returns and smoother cash flow. The Annual Accounting Scheme makes VAT easier to manage for eligible small businesses. The VAT Annual

19 Jun 25

Present rates of Corporation Tax

Corporation Tax rises with profit levels. Marginal relief bridges the gap, easing businesses from the 19% small profits rate to the 25% main rate. The Corporation Tax Main Rate

19 Jun 25

Who must send in a tax return

From self-employment to rental income, there are many reasons you may need to file a Self-Assessment return. Know the triggers and register with HMRC by 5 October if this is your

16 Jun 25

Effects of Rachel Reeves’ Spending Review

Chancellor Rachel Reeves delivered her first Spending Review to Parliament last week, setting out the government’s financial priorities for the next three years. Her approach

16 Jun 25

BT Eyes Deeper Job Cuts as AI Reshapes Telecoms

BT has announced that it may exceed its previously stated target of cutting 40,000 jobs by 2030, as artificial intelligence (AI) becomes more central to its operations. The move

12 Jun 25

Business Asset Disposal Relief – forthcoming changes

The BADR Capital Gains Tax rate has risen to 14% from April 2025 and will increase further to 18% in April 2026. Business Asset Disposal Relief (BADR) offers a valuable tax

Month: June 2025

Winter Fuel Payments reinstated

Tax rules for savings interest

When do the higher rates of Income Tax apply

2025 Spending Review published

VAT Annual Accounting

Present rates of Corporation Tax

Who must send in a tax return

Effects of Rachel Reeves’ Spending Review

BT Eyes Deeper Job Cuts as AI Reshapes Telecoms

Business Asset Disposal Relief – forthcoming changes

Red tape eased for new cafes and bars

Choosing a Business Rates Agency

IHT Unused Pension Funds and Death Benefits changes

SJPR