2025 - Page 5 of 26

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

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

Private Residence Relief – when it applies

Selling your main residence? Private Residence Relief can exempt you from Capital Gains Tax. If you meet certain conditions, there may be nothing to pay. In most cases, Capital

12 Jun 25

Current IHT gift reliefs

Lifetime gifts can reduce Inheritance Tax, but survival for seven years and using key exemptions like the £3,000 annual allowance are crucial to making them fully tax-free. Most

12 Jun 25

Do not forget to claim the marriage allowance

If one partner in a marriage or civil partnership earns under £12,570, you could save up to £252 a year, and up to £1,260 if you backdate your Marriage Allowance claim for the past

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

12 Jun 25

New requirement – verifying ID at Companies House

Identity verification is now rolling out for directors, PSCs, and agents, with more filing roles to be included soon under new anti-fraud rules. Companies House is beginning to

12 Jun 25

Claim for a business journey in a private vehicle

Use your own vehicle for work? You could be entitled to a tax-free mileage allowance. Make sure you are not missing out on HMRC-approved rates. If you use your own car, van,

11 Jun 25

When changing a company’s name absolves a daughter company of its obligations

The Court of Appeal addressed the complexities of benefit scheme amendments and the lines of responsibility within corporate structures in a complex case surrounding

Year: 2025

Present rates of Corporation Tax

Effects of Rachel Reeves’ Spending Review

BT Eyes Deeper Job Cuts as AI Reshapes Telecoms

Private Residence Relief – when it applies

Current IHT gift reliefs

Do not forget to claim the marriage allowance

Business Asset Disposal Relief – forthcoming changes

New requirement – verifying ID at Companies House

Claim for a business journey in a private vehicle

When changing a company’s name absolves a daughter company of its obligations

Double Tax Conventions and IHT

New requirements for Overseas Entities

Applying for a National Insurance number

SJPR