Tax

CONSULTATIONS ISSUED ON “TAX DAY”

CONSULTATIONS ISSUED ON “TAX DAY” BY TREASURY The Treasury's consultations issued on "Tax Day" broke with tradition replacing the normal bundle of tax consultation documents released on Budget Day. This year however they decided to delay the publication for 3 weeks...

Corporation Tax Rates will rise to 25%

CORPORATION TAX RATES WILL RISE TO 25% BUT NOT FOR ALL COMPANIES The main UK Corporation Tax rates will rise to 25% from 1 April 2023. We currently have one of the lowest corporate tax rates of the G20 countries. The government states it is committed to keeping the...