The 2025/26 tax year will see a 22% increase in landfill tax in a bid to incentivise individuals and businesses to seek more sustainable ways to dispose of waste
The government is planning to crack down on rogue tax agents with plans to strengthen the regulatory framework and even create an independent regulator
The short notice nature of the 2p cut to National Insurance will put pressure on payroll teams to turn around the change in time for salary runs, warns Susan Ball, employment tax partner at RSM UK
Under pressure to show that the government is taking action on excessive oil and gas company profits, the Chancellor extended the energy profits levy for another year
The abolition of the furnished holiday lettings (FHL) regime will mean that individuals operating FHL businesses will lose a number of key tax benefits
The largest UK businesses will see a doubling in the rate of economic crime levy from April after the Chancellor said it was collecting less tax than expected
The government will legislate in the Spring Finance Bill 2024 to ensure individuals cannot use a company to avoid tax by using a company to transfer assets abroad
In a move to support the housing market, at the Budget the Chancellor cut capital gains tax on sales of second homes and additional residential properties to 24%