2025 - Page 10 of 34

10 Jul 25

Goodbye remittance basis hello FIG

Since 6 April 2025, the remittance basis of taxation for non-UK domiciled individuals (non-doms) has been replaced by the Foreign Income and Gains (FIG) regime. This shift marks a

10 Jul 25

The impact of frozen personal allowances

The impact of frozen personal allowances often leads to fiscal drag, a situation where individuals pay more tax as their earnings rise without a corresponding increase in

10 Jul 25

Struggling to fund your July tax payment?

The second 2024-25 payment on account for self-assessment taxpayers is due on 31 July 2025. If you are finding it difficult to meet this tax bill, there are options available to

10 Jul 25

File and paying CGT after property sales

Capital Gains Tax on certain residential property sales must be reported and paid within 60 days to avoid penalties and interest. The annual exempt amount applicable to Capital

10 Jul 25

Don’t forget to pay your Class 1A NIC

Employers must act now to meet the deadline for paying Class 1A NICs for 2024-25 to avoid HMRC penalties. These contributions are due by 19 July 2025 if paying by post, or by 22

09 Jul 25

Tax Diary August/September 2025

1 August 2025 - Due date for corporation tax due for the year ended 31 October 2024. 19 August 2025 - PAYE and NIC deductions due for month ended 5 August 2025 (If you pay your

09 Jul 25

Being paid directly is not a confirmation that you are an employee

A Tribunal has provided a landmark ruling over employer-employee status in the context of direct payments made under the Care Act 2014, ruling that an LA was not in fact the direct

07 Jul 25

Autumn Budget 2025: What Changes Might Be on the Horizon?

As we look ahead to the Autumn Budget 2025, it is clear that the Chancellor, Rachel Reeves, will be under pressure to balance public expectations with fiscal reality. A combination

07 Jul 25

Why exit planning matters – even in the early years of your business

Starting and growing a business is an exciting and demanding challenge. It is easy to focus all your energy on immediate goals like winning customers, generating income, and

03 Jul 25

Tax returns for a deceased taxpayer

You may need to submit tax returns for someone who has died. As the personal representative, you are legally responsible for reporting income earned before and after death. This

Year: 2025

Goodbye remittance basis hello FIG

The impact of frozen personal allowances

Struggling to fund your July tax payment?

File and paying CGT after property sales

Don’t forget to pay your Class 1A NIC

Tax Diary August/September 2025

Being paid directly is not a confirmation that you are an employee

Autumn Budget 2025: What Changes Might Be on the Horizon?

Why exit planning matters – even in the early years of your business

Tax returns for a deceased taxpayer

Unauthorised issue of a VAT invoice

Beware scams pretending to be HMRC

War Widows Recognition Payments Scheme

SJPR