Two sides of the tax story – National Insurance up, Capital Gains Tax down
Posted on June 24, 2025 Posted in - Blog, BlogsThe latest tax data for the first months of the 2025/26 tax year shows mixed trends.
The latest tax data for the first months of the 2025/26 tax year shows mixed trends.
Business Asset Disposal Relief (BADR), formerly known as Entrepreneurs’ Relief, offers business owners a reduced Capital Gains Tax (CGT) rate on disposals of shares or assets in a trading business.
Announced on 11 June 2025, the Spending Review is set to increase day-to-day spending from £517.5 billion in 2025/26 to £583.9 billion in 2028/29 and investment spending from £131.3 billion in 2025/26 to £151.9 billion in 2029/30.
For many business owners, the phrase Tax Freedom Day may sound abstract, but it is a concept that is becoming increasingly relevant.
The release of the latest employment data should serve as a wake-up call for business owners.
Managing trading losses effectively can transform periods of difficulty into strategic opportunities, yet many businesses remain unclear about how to achieve the greatest benefit from Corporation Tax relief.
Since 1 April 2025, new National Minimum Wage (NMW) and National Living Wage (NLW) rates have applied across the UK, bringing substantial increases that affect employers of all sizes.
The annual search for the UK’s most amusingly named small business is back, with entries flooding in for Simply Business’s £2,500 prize.
The Government’s decision to halve Business Property Relief (BPR) and Agricultural Property Relief (APR) from April 2026 is already changing how family businesses and farms operate.
Recent changes to Class 2 National Insurance contributions (NICs) were meant to simplify things for self-employed taxpayers.