Date: November 2025 Prepared For: ACCA Members and Clients Subject: Overview of Key Tax and Policy Changes Executive Summary The Chancellor’s Autumn Budget 2025 aims to stabilize public finances and bolster fiscal credibility through significant tax increases and frozen thresholds. The measures
Budget 2025: The “Stabilisation” Budget – What You Need to Know
Date: 26 November 2025 The Chancellor has delivered the Autumn Budget 2025, positioning it as a plan for "Strong Foundations" and a "Secure Future". While the headline rates of Income Tax, VAT, and National Insurance remain frozen, this is a Budget of significant structural change. The government is
Identity Verification Under the New Companies House Regulations
Major changes are coming to UK company administration. Under the Economic Crime and Corporate Transparency Act, Companies House is introducing mandatory identity verification for the people who run, own and file information for UK companies. This marks one of the biggest shifts in corporate
A Definitive Analysis of UK Company Expenditure and the Risks of Personal Spending
Executive Summary: Navigating the Intersection of Company and Personal Finance This report provides a definitive analysis of the legal and financial frameworks governing business expenditure for a UK limited company, with a particular focus on the critical tax and legal implications of personal
Companies House Shake-Up: What You Need to Know About New Identity Verification Rules
Big changes are coming to Companies House, and they’re set to impact almost everyone involved with UK companies and LLPs. Under the Economic Crime and Corporate Transparency Act 2023 (“ECCTA”), a new, mandatory identity verification process is being introduced. This isn't just a minor update; it's a
Making Tax Digital for Income Tax: What You Need to Know
When Does MTD for Income Tax Begin? Making Tax Digital for Income Tax (MTD for ITSA) is being rolled out in stages, starting from April 2026. If you're self-employed or earn rental income exceeding £50,000, you’ll be required to maintain digital records, submit quarterly updates to HMRC, and
Navigating the Economic Crime & Corporate Transparency Act 2023: What Businesses Need to Know
The Economic Crime & Corporate Transparency Act 2023 (ECCTA 2023) represents a significant overhaul of company law in the UK, introducing a raft of changes and new requirements designed to enhance corporate transparency and combat economic crime. Businesses need to get to grips with these
A Limited Company’s Guide to Electric Vehicle Tax: Maximising Your Savings
Is your limited company considering the switch to an electric vehicle (EV)? It’s a strategic move that can not only boost your company’s green credentials but also offer significant tax advantages. This guide will walk you through the tax implications of acquiring and using EVs, helping you make
A Sole Trader’s Guide to Electric Vehicle Tax: Maximising Your Savings
Are you a sole trader considering the switch to an electric vehicle (EV) for your business? It's a smart move that can not only help the environment but also offer significant tax advantages. This guide will walk you through everything you need to know about how EVs are taxed, helping you make
What optimal salary-dividend structure minimizes 2024-25 tax liabilities?
To minimize tax liabilities for the 2024-25 tax year, it is generally most tax-efficient for company directors to take a combination of a low director's salary and regular dividend payments, rather than taking all income as salary. Here's a breakdown of how to optimize this structure: Director's