Issue : Vol 194, Issue 4960

The lower rate of capital gains tax will rise from 10% to 18% and the higher rate from 20% to 24%. These new rates came into effect on 30 October. The rates for business asset disposal relief and...

The government is introducing reforms to the taxation of employee ownership trusts (EOTs) and employee benefit trusts to ‘prevent opportunities for abuse, ensuring that the regimes remain...

New legislation will be introduced to tackle tax non-compliance among umbrella companies, the chancellor announced. An HMRC policy paper states that, from April 2026, agencies that use umbrella...

1 December 2024Payment of corporation tax liabilities for accounting periods ended 29 February 2024 for SMEs not liable to pay by instalments.Check HMRC website for advisory fuel rates changes.7...

Several changes were made to inheritance tax reliefs in the Budget, although the chancellor confirmed that the nil-rate band and residence nil-rate band will remain fixed at their current levels until...

The rate of employer National Insurance contributions will rise from 13.8% to 15% from 6 April 2025, the chancellor announced in her autumn Budget.Further, the point at which employers become liable...

R (on the application of Fluid Systems Technologies (Scotland) Ltd and others) v CRC, Upper Tribunal (Tax and Chancery Chamber), 9 October 2024...

B Packman and M Wood (TC9335)

T Yeomans (TC9336)

S Ray (TC9340)

GCH Corporation Ltd and others (TC9318)