Tax, Tips and News

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04/04/2025

April Tax, Tips and News

Welcome to the GOLDWYNS Tax, Tips and News monthly newsletter, bringing you the latest news to keep you one step ahead of the taxman.

If you need further assistance just let us know or send us a question for our Question and Answer Section.

We’re committed to ensuring none of our clients pay a penny more in tax than is necessary and they receive useful tax and business advice and support throughout the year.

Please contact us for advice on your own specific circumstances. We’re here to help!
Hiring veterans: National Insurance relief extended for another year
Changes to National Insurance contributions for employers have dominated much of the tax news headlines since being announced at the Autumn Budget. But one element of the rules you may have missed concerns armed forces veterans. Read More...

Tax break scheme for second homeowners axed
The furnished holiday lettings tax regime is on the verge of being abolished. Reforms were announced under the previous Conservative Government in Spring 2024 and are now set to take effect. Read More...

Tax commitment finally set to change after 25 years
A 25-year UK tax commitment related to Income Tax is set to be axed from next month. As the new tax year begins on 6 April 2025, rules on The Official Rate of Interest (ORI) are finally set to change. Read More...

Several tax-related changes to take effect
A number of tax changes are set to take effect in April, with National Insurance contributions for employers and a facet of Capital Gains Tax among them. Read More...

April Questions and Answers
Q: I’m thinking about selling my business, which I’ve owned for five years. How will the upcoming tax changes affect me? Read More...

April Key Dates
5th - Current tax year (2024/25) ends. That means it’s the final opportunity to use up any tax allowances or reliefs for that year, such as making pension contributions or ISA allowances. Read More...

Spring Statement 2025
The Spring Statement (26 March 2025) focused more on public spending cuts than tax. However, the picture for tax from April 2025 now becomes more certain as a result of the announcements. Read More...

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