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+44 (0) 1252 728 598 | info@branstonadams.co.uk
There were a number of tax-related consultations announced in the Spring Statement, including:
From 1 April 2025 the VAT registration threshold remains at £90,000 and the deregistration threshold at £88,000.
Private school fees for education and vocational training will no longer benefit from VAT exemption and are subject to VAT at the standard rate (20%). The change applies to terms beginning on or after 1 January 2025 although certain prepayments made after 29 July 2024 are also included.
25 Jul 2025
The government will charge Inheritance Tax (IHT) on unused pension pots and death benefits from April 2027.
24 Jul 2025
The British Chambers of Commerce (BCC) has called on the government to harness retail investor optimism to help grow the UK economy.
23 Jul 2025
The government recently published draft legislation for Finance Bill 2025-26 for consultation.
Get in touch with Branston Adams to arrange your free consultation.