The Chancellor, Rachel Reeves, has confirmed her plans to extend the Income Tax threshold freeze. The original end date of 2028 has now moved to the 2030/31 tax year forcing many into higher
Last year’s Autumn Budget hit business owners hard with the announcements of changes to Agricultural Property Relief (APR) and Business Property Relief (BPR). The new Inheritance Tax (IHT) rules, set to take effect
The festive season is rapidly approaching and it is natural to want to treat your employees. Unfortunately, even small gifts can have implications for your tax and National Insurance Contributions (NICs), so you
One of the key consequences of the 2025 Autumn Budget is the impact it is likely to have on how small and medium-sized businesses approach pay.
The Chancellor’s latest Autumn Budget has struck small businesses once again with the increase to the National Living Wage (NLW) and National Minimum Wage (NMW).
While the Autumn Budget has managed to leave a bitter taste in the mouth of many business owners and individuals, some solace can be found in the sanctity of long-term money security.
Alongside headline tax changes for individuals, the Chancellor introduced a wide package aimed at easing pressure on high street firms while tightening rules for large online retailers and tourism operators. More than 750,000
The latest Autumn Budget was delivered against a backdrop of economic strain, rising household costs and the ongoing challenge of rebuilding confidence in the UK economy. The Chancellor emphasised fairness and a sense
The deadline for Self-Assessment taxpayers to submit their online tax return is just two months away and many self-employed individuals, sole traders and landlords will be organising their accounts.
One of Cumbria’s leading accountancy firms Lamont Pridmore is urging taxpayers to review their finances as they face tougher choices, as the Chancellor Rachel Reeves moves to close personal tax opportunities in her latest Budget. Despite some early
