Autumn 2024 Newsletter

Our Autumn 2024 client newsletter is now available and covers:

Upcoming Budget on 30th October
Inheritance Tax Reform: Possible reduction in reliefs and abolishment of the home allowance.
Changes to Pensions Tax Relief: A potential shift to a flat rate of 20%.
Non-Doms: Updates on the government’s plans to abolish the remittance basis of taxation.
Furnished Holiday Lets: Abolition of tax benefits from April 2025.
CIS Compliance Updates and HMRC’s reminders.
Tax Repayments Process: New claim procedures.
Capital Gains Tax Reporting: 60-day reporting rules.
Pool Cars: Recent tax case on private versus incidental business use.

For further information or advice on any of the topics raised, contact our team on 01903 234094.

The information in this resource is accurate as of September 2024.