Types of tax allowances for capital expenditure
Capital allowances enable businesses to claim tax relief on certain capital expenditures. Different rules apply to
Limits on Income Tax reliefs
The limit on Income Tax reliefs has applied since 6 April 2013. This measure was the first time a limitation to existing
Bank of England eases base rate to 4.75%
The Bank of England’s recent decision to reduce the base rate to 4.75% brings several potential benefits to various
EV or diesel – for and against
When evaluating the annual running costs of electric vehicles (EVs) compared to diesel cars, several key factors come
Tax Diary December 2024/January 2025
1 December 2024 – Due date for Corporation Tax payable for the year ended 28 February 2024.
19 December 2024 – PAYE and