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REVERSAL! Double cab pickup trucks latest

< 1 minute to read20.2.24 HMRC announce a u-turn on the classification change we reported on last week. So.. for now, double cab pickups will continue to be treated as goods vehicles rather than cars, and businesses and individuals can continue to benefit from its historic tax treatment. The government will change the law at the next available Finance …

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Autumn Statement: Corporation Tax review

3 minutes to readAfter better-than-expected inflation figures and the desire to shed his party’s reputation as overseeing the biggest increase in the tax burden since the Second World War, for businesses the Chancellor: – made full-expensing of capital expenditure a permanent feature of the UK tax framework – confirmed the planned start date of 1 April 2024 for …

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Autumn statement: 22 November 2023

4 minutes to readA ‘transformational’ Autumn Statement? With better-than-expected inflation figures the Chancellor of the Exchequer, Jeremy Hunt appeared keen to shed his party’s reputation of having overseen the biggest increase in the tax burden since the Second World War. With a total of 110 changes, the speech was billed as ‘a plan to unlock investment, reward work and …

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