Explore Budget 2025: cautious fiscal policy, tax threshold freezes, EV charges, business relief updates, and Northern Ireland funding.
As expected, today’s Spring Statement did not introduce any significant tax changes. The Chancellor’s main announcement in her speech related to continued investment in tackling tax avoidance.
Ahead of this year’s Autumn Statement, the Chancellor noted that tax cuts will be ‘virtually impossible’ given the current state of the UK economy and the country’s current debt levels.
It seems we have been talking about Northern Ireland taking control of its own Corporation Tax regime for years - if not decades. The view is so often espoused that lowering the rate alone could represent the ‘golden ticket’ that would unlock the potential of this place as a destination for international investment.
Every day thousands of people cross the border between Northern Ireland and the Republic of Ireland for work.
As a business owner, it is useful to know the potential benefits of significant capital investment before committing. Appraisal of the tax impact regarding such an investment is often not initially considered, despite its potential impact on a project’s viability.
As the 2021/22 tax year-end is almost upon us, now is a good time to consider relevant tax planning opportunities to reduce your overall tax burden
The last decade has seen large multinationals making the headlines regarding the amount of corporation tax they pay, or don’t pay, but how have recent global tax announcements changed the landscape of international tax?
With all the challenges presented by both Brexit and the coronavirus pandemic, the UK Budget announced back in Spring 2021, has received little press attention.