Business Tax • Personal TaxationUnderstanding the 2025 Tax Reclassification of Double-Cab Pick-Up Trucks With effect from 6 April 2025 HMRC have reclassified most double-cab pick-up trucks as cars for tax purposes, rather than vans. This… By RJP LLP on 6 May 2025 Read more
Business Services • Personal TaxationHow to mitigate IHT – What options are there? IHT receipts in the UK hit a record high of £7.5 billion in the 2023-24 tax year; an increase of £400 million… By RJP LLP on 30 March 2025 Read more
Business Services • Personal TaxationDon’t get caught by the £100 self assessment penalty In addition to being the season for giving, it is almost the season for self assessment. Tax returns must be filed by… By RJP LLP on 17 December 2024 Read more
Business Services • Business Tax • Personal TaxationStrict new director’s loan rules Something that slipped under the radar slightly during the 2024 Autumn Budget was a change to the rules concerning director’s loans and… By RJP LLP on 19 November 2024 Read more
Business Services • Business Tax • Personal TaxationWindow of opportunity for BADR closing fast Rumours before the 2024 Budget about steep hikes to capital gains tax sent many business owners into a panic. Whilst the actual… By RJP LLP on 19 November 2024 Read more
Business Services • Business Tax • Personal Taxation2024 Budget in depth – Key changes to capital gains tax Capital gains was one of the areas of taxation that everyone expected would increase. There were a range of rumours circulating that… By RJP LLP on 5 November 2024 Read more
Business Services • Business Tax • Personal Taxation5 ways Rachel Reeves COULD increase tax in the Autumn Budget – and the probability of it happening! Now that the Autumn Budget date has been confirmed for 30 October, speculation surrounding what taxes will increase and by how much… By RJP LLP on 18 September 2024 Read more
Business Services • Business Tax • Personal TaxationPotential Changes to Inheritance Tax Relief in Autumn 2024 Budget The Labour government is expected to make some significant changes to inheritance tax (IHT) reliefs in the forthcoming Autumn 2024 Budget. This… By RJP LLP on 18 September 2024 Read more
Business Tax • Personal Taxation • VATAnalysis – How the addition of VAT could affect school fees? The Labour government's plan to impose a 20% VAT charge on private school fees in the UK will be effective from January… By RJP LLP on 18 September 2024 Read more