Monthly Tax Update

Objectives

To update delegates on recent and proposed changes in taxation that are relevant to their clients.

Key Topics

FINANCE BILL 2024-25

• Personal Tax Measures
• Capital Taxes
• Corporate and Business Tax Changes
• Stamp Duty Changes
• Indirect Tax changes

CORPORATION TAX “ROADMAP”

• No Changes to the Following Measures
• Consultations into Possible Changes

RECENT TAX CASES

• Ron Weasley “Rights” Taxed as Income
• Pensions - Loss of Fixed Protection

OTHER RECENT DEVELOPMENTS

• Spotlight 67 – Managed Service Companies
• Advisory Fuel Rate For Company Cars

APPENDICES:

• Income Tax Rates and Allowances (Table A)
• Registered Pension Schemes (Table B)
• Car and Fuel Benefits (Table C)
• 2025/26 National Insurance Contributions (Table D)
• Capital Gains Tax and Inheritance Tax Rates (Table E)
• Stamp Duty Land Tax Rates and Bandings (Table F)
• Annual Tax on Enveloped Dwellings (ATED) Rates (Table G)

Who should attend?

Accountants in general practice who advise on tax planning and compliance.