The freeze on the personal allowance and the income tax thresholds was extended for a further three years until 6 April 2031. The personal allowance will remain at £12,570 and the basic rate limit at £37,700.
The Class 1 primary threshold and the Class 4 lower profits limit remain aligned with the personal allowance for the same period.
HMRC’s Let Property Campaign provides an opportunity for landlords who have income from letting residential property in the UK…
HMRC has published guidance on completing the main SA100 tax return for 2024/25, 2023/24 and 2022/23, together with the returns…
Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) is not mandatory for traders and landlords whose combined…
We would like to congratulate one of our team members Tom for his hard work and dedication in…