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01/12/2025

December Tax Tips & News

Welcome to the GOLDWYNS Tax Tips & 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!
Top earners see an increase in HMRC investigations
HMRC is intensifying its crackdown on wealthy taxpayers, backed by major government funding, with investigations rising sharply. HMRC's wealthy team launched 13,055 investigations into high earners in the last tax year, a 60% increase compared to 8,110 th Read More...

Treasury dealt blow as thousands of EV drivers use tax loophole
Electric vehicle drivers exploited a loophole to secure another year of tax-free motoring, costing the Treasury millions. Read More...

Many risk paying tax twice due to multiple HMRC letter demands
HMRC has sent multiple tax demand letters to some taxpayers this year. Read More...

Snail farms discovered in London offices in tax avoidance scheme
Westminster City Council officers found crates of snails in empty central London offices whilst investigating property owners allegedly avoiding tax. Read More...

December Questions and Answers
Q: If I sell my rental property to my tenants at a discount, will Capital Gains Tax (CGT) be calculated on that price or the market value? Read More...

December Key Dates
1st: Corporation Tax payments are due for companies with a year-end of 28th February Read More...

Autumn Budget 2025
The Autumn Budget (November 26, 2025) speech was delivered against a backdrop of economic stagnation, Labour not wishing to break its self-imposed fiscal rules and uncertainty surrounding the longevity of both the Chancellor and Prime Minister‘s posit Read More...

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