Our latest Pay Less Tax newsletter is now available, highlighting tax planning opportunities and important updates for individuals and businesses.
Zero Capital Gains Tax
Employee Ownership Trusts (EOTs) remain a highly attractive route for business owners planning an exit. If implemented correctly, gains on shares sold into an EOT can be free from capital gains tax, while also enabling eligible employees to receive annual bonuses tax-free (but not NI-free).
Furnished Holiday Lets – The Clock is Ticking
Since April 2025, the favourable FHL regime has ended. Owners should review whether all possible capital allowances for expenditure up to April 2025 have been claimed, as this could reduce or even eliminate recent rental tax liabilities.
Pre-Budget Considerations
With the Budget set for 26th November, speculation includes pension tax relief restrictions, changes to IHT rules, new wealth taxes, and more. Now is the time to review your options and decide whether action should be taken ahead of Budget announcements.
Covid Support Amnesty – No Questions Asked
A government amnesty runs until December 2025, allowing repayment of incorrectly claimed Covid support without penalty. After this deadline, HMRC investigations and prosecutions are expected to increase.
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