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LATEST TAX NEWS

February 2025

• The debates and arguments over the merits or otherwise of some of the tax changes from the Budget have barely settled down, even two months after it happened....Read more
• With only days to go until the Self-Assessment Tax Return deadline (at the time of writing), millions of people were still apparently yet to submit theirs and pay up, as warnings were issued over fines for failing to comply....Read more
• A list of the biggest mistakes and errors made by businesses when claiming Employment Allowance and reporting their Apprenticeship Levy has been revealed....Read more
• Changes have taken effect regarding Companies House rules on the public register....Read more
• Q: I’ve started a new business this year selling my hand-made craft items. At this stage it’s only earning me a relatively modest income. Up until now my profits are just £600 but I do have a big order that is set to earn me £3,500 in the next two months....Read more
• The deadline to claim a deferral of class 1 NIC for employees with more than one employment....Read more

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