GENERAL ELECTION 2024 With the upcoming general election on 4 July 2024 we’re keeping an eye on each parties’ manifesto as a new government can mean significant legislative and tax upheavals that can impact...
4 JULY GENERAL ELECTION Following Prime Minister Rishi Sunak’s announcement that a general election will take place on 4 July, all Government departments are now in a ‘period of sensitivity’ (previously known as...
NEW TAX YEAR In this April issue we highlight some of the key tax changes that take effect from the start of the new tax year on 6 April 2024. Unfortunately, most of the income tax and national insurance thresholds continue to be...
On 6 March 2024, Chancellor Jeremy Hunt presented his Spring Budget to Parliament. Headlines included further cuts in National Insurance Contributions for workers and the self-employed, a slight increase in the VAT registration...
HMRC U-TURN ON THE TAX TREATMENT OF DOUBLE CAB PICK UPs On Monday 12 February 2024 HMRC updated its guidance on the tax treatment of Double Cab Pick Ups (DCPUs) stating that from 1 July 2024 DCPUs with a payload of...