ISA allowance frozen until 2030
The increase in National Insurance Contributions (NICs) for employers that was announced in the 2024 Autumn Budget is due to take effect in a few months – from 6th April 2025.
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What are the consequences of higher National Insurance Contributions?
The increase in National Insurance Contributions (NICs) for employers that was announced in the 2024 Autumn Budget is due to take effect in a few months – from 6th April 2025.
The future of Corporation Tax
As part of the Autumn Budget that was shared in October 2024, the government came up with a ‘roadmap’ for Corporation Tax that should provide more certainty for UK businesses.
Company size thresholds to increase in 2025
The thresholds defining company sizes at Companies House haven’t been updated since 2016, but they have now been revised, with new thresholds coming into effect on 6th April 2025.
HMRC moving back to paper-based forms for employment expenses
Despite the tax agency’s ambitions to move everything to digital platforms, HMRC is reverting back to paper-based forms for employees claiming employment expenses. This switch from online submission is an attempt to reduce fraudulent expenses claims.
How are business rates changing in 2025?
The business rates system taxes the value of properties used for business, providing a stable source of government revenue to support essential local services like social care.
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