Welcome to the March 2025 edition of our Tax E-News. We aim to keep you informed about the latest tax changes and updates affecting businesses and individuals. If you have any questions or need tailored advice, please contact us. Making Tax Digital for Income Tax With...
The UK film industry has received a significant financial boost with the introduction of a 40% business rates relief for film studios. As of 17 February 2025, Local Authorities can begin awarding this relief automatically to eligible studios, reducing operational...
The UK government is consulting on new energy efficiency requirements for private landlords in England and Wales, aiming to improve Energy Performance Certificate (EPC) ratings by 2030. These changes could have a significant financial impact on landlords, so staying...
HM Revenue & Customs (HMRC) has announced a reduction in late payment interest rates, following the recent cut in the Bank of England base rate. If you owe tax or are due a repayment, these changes could impact you. What Are the New HMRC Interest Rates? From...
With the rise of the gig economy and the increasing cost of living, more people are turning to side hustles to supplement their income. Whether you're selling handmade products, offering freelance services, or renting out property, you might be wondering: Do I need to...
HM Revenue and Customs (HMRC) have revealed that 37,000 people have plugged gaps in their National Insurance (NI) record since last April, boosting the amount of State Pension they will receive when they reach retirement age. The amount of State Pension you will...