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The capital gains tax annual exempt amount will be reduced from £6,000 to £3,000 from April 2024.
Comment It is estimated that around 570,000 individuals and trusts could be affected in 2024/25.
It is estimated that around 570,000 individuals and trusts could be affected in 2024/25.
The inheritance tax nil-rate bands will stay fixed at their current levels until April 2028. The nil-rate band will continue at £325,000, the residence nil-rate band will continue at £175,000 and the residence nil-rate band taper will continue to start at £2 million.
07 Jan 2026
Confidence among firms has continued to weaken, with tax remaining the biggest concern, according to the British Chambers of Commerce (BCC).
06 Jan 2026
HMRC has warned 5.65 million self assessment taxpayers to file their tax returns before the deadline on 31 January.