Category: Tax Guide / Card

INCOME TAX ALLOWANCESTax-free income allowance rates. VEHICLE AND FUEL BENEFITS-IN-KINDTaxable vehicle and fuel benefits. TAX-FREE MILEAGE ALLOWANCESMileage rates exempt from tax. CAPITAL GAINS TAXTax on profits from asset sales. INHERITANCE TAXTaxes on estate inheritance. UK COMPANY TAXATIONCorporation tax rates and rules. MAIN CAPITAL ALLOWANCESDeductions for business asset investment. VATValue-added tax rates and rules. TAX-EFFICIENT INVESTMENTSInvestment…

The conclusion of the 2023/24 tax year prompts us to reflect on some of the notable developments in the fiscal landscape.  This past year has been marked by ongoing efforts to recover from the economic impact of the global pandemic. Inflation has emerged as a significant concern, influenced by persistent disruptions in the supply chain…