07/06/2025
๐งฎ ๐ค๐ฎ ๐ง๐ฎ๐
๐๐ฒ๐ฎ๐น๐๐ต ๐๐ต๐ฒ๐ฐ๐ธ โ ๐๐ฟ๐ฒ ๐ฌ๐ผ๐ ๐ฆ๐ฒ๐ ๐จ๐ฝ ๐ฅ๐ถ๐ด๐ต๐ ๐ณ๐ผ๐ฟ ๐ฎ๐ฌ๐ฎ๐ฑ?
April 2025 brought major tax changes. Hereโs whatโs changed:
๐น Employer National Insurance Contributions (NIC) now 15%, threshold lowered to ยฃ5,000
๐น Employment Allowance increased to ยฃ10,500
๐น National Minimum Wage: ยฃ12.21/hour (age 21+)
๐น Capital Gains Tax (CGT) up to 24%; Business Asset Disposal Relief now 14%
๐น Non-domiciled regime replaced with residence-based rules
๐น Holiday let tax relief abolished
๐งพ ๐ ๐ถ๐ฑ-๐ฌ๐ฒ๐ฎ๐ฟ ๐๐ต๐ฒ๐ฐ๐ธ๐น๐ถ๐๐:
โ
Are you paying 15% Employer NIC without claiming the ยฃ10,500 allowance?
โ
Are your salary & dividend splits still tax-efficient?
โ
Have you accounted for Capital Gains Tax (CGT) and holiday let rule changes?
โ
Are you planning to sell a business or asset this year?
๐ฏ ๐ ๐ฟ๐ฒ๐๐ถ๐ฒ๐ ๐ป๐ผ๐ ๐ฐ๐ผ๐๐น๐ฑ ๐๐ฎ๐๐ฒ ๐๐ผ๐ ๐๐ต๐ผ๐๐๐ฎ๐ป๐ฑ๐ ๐ฏ๐ฒ๐ณ๐ผ๐ฟ๐ฒ ๐ค๐ฏ ๐๐๐ฎ๐ฟ๐๐.
๐ ๐๐ฒ๐ ๐ ๐ผ๐๐ฎ๐ฏ๐ฎ๐ฟ ๐๐ฐ๐ฐ๐ผ๐๐ป๐๐ฎ๐ป๐๐ ๐ต๐ฒ๐น๐ฝ ๐๐ผ๐ ๐๐๐ฎ๐ ๐ฎ๐ต๐ฒ๐ฎ๐ฑ.
๐ 203โ205 The Vale, Acton, London W3 7QS
๐ 07305 234241 | 020 3590 9235
๐ www.motabar.co.uk
๐ฉ [email protected]
06/06/2025
03/06/2025