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Budget 2025: What it means for you

Budget 2025: What it means for you

Chancellor Rachel Reeves delivered her second Budget on November 26, and taxpayers face the highest tax burden on record as a result. Frozen tax thresholds for everything from income tax to inheritance tax, a change in the use of salary sacrifice to make pension...
HMRC publishes new rates for employees’ electric cars

HMRC publishes new rates for employees’ electric cars

Employees with electric vehicles as company cars have seen a change in the rates they can claim for mileage allowance since September 1, but HMRC has updated the guidance on October 6 about how these new rates need to be apportioned for each journey. The previous...