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This Month's Tax Tips and News
Access all our archived tax news
July 2025
- Inheritance tax break that could lure expats back to the UK
Changes introduced by Chancellor Rachel Reeves on April 6 mean Britons who have lived abroad for 10 years are no longer subject to UK inheritance tax on their global assets....
- The Government refuses to increase the annual Personal Allowance to £20,000
Parliament debated a petition calling for the income tax threshold to be raised from £12,570 to £20,000 to allow people to keep more of their earnings. The petition, signed by over 250,000...
- Reeves under pressure to create wealth tax
The financial pressures facing Chancellor Rachel Reeves continue to mount, particularly regarding a projected £57 billion shortfall in the country’s finances....
- Reeves urged to launch tax raid on landlords
Labour MPs and influential advisers are urging Chancellor Rachel Reeves to “launch a tax raid” on landlords as part of efforts to fill a fiscal gap without breaking the party’s...
- July Questions and Answers
Q: I sometimes sell unwanted items online. Am I now liable to pay tax on any money I make?...
- July Key Dates
1st: Corporation Tax payments are due for companies with a year-end of 30th September....
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