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Download our helpful Tax Card for 2024/2025

Following the Chancellor’s Budget our HWB Tax Rate Card outlines the business and individual tax rates for the coming tax year of 2024/25. All the essential tax facts, rates and figures are provided in one handy PDF download, offering an easy point of reference all year round.

The most significant announcement was a 2p cut to National Insurance contributions (NICs) in April, on top of the 2p which was already cut in last year’s Autumn Statement. Workers will see their NIC rates fall by four percentage points in less than six months.

We have also seen:

  • A cut in the higher capital gains tax (CGT) rate on residential property sales
  • Reform in the high-income child benefit charge (HICBC) to increase the threshold.
  • The VAT threshold will rise from £85,000 to £90,000 in April, reducing the administrative burden for tens of thousands of businesses.
  • Abolishment of the furnished holiday lettings relief

You can view and download our helpful Tax Card for 2024/2025 below which we have produced as a print friendly PDF for you to download and print as you require.

The Tax Card download includes:

  • UK Company Taxation
  • Main Capital Allowances
  • Value Added Tax (VAT)
  • Research & Development (R&D)
  • National Insurance
  • Property Taxes
  • Taxable Income Bands And Tax Rates
  • Vehicle And Fuel Benefits In Kind (BIK)
  • Tax-Free Mileage Allowances
  • Capital Gains Tax (CGT)
  • Inheritance Tax (IHT)
  • Tax Efficient Investments
  • Registered Pensions
  • Stamp Duty

    Company Secretarial

    Failure to comply with Companies Act can lead to significant penalties and prosecution, but compliance can be extremely time-consuming and complex. By outsourcing these responsibilities to our experienced team, you make sure your incorporated business or Limited Liability Partnership (LLP) is following sound business practices and fulfilling your legal obligations.

    If you require company secretarial services, our expert team can take care of incorporating your business with Companies House by offering a registered office and service address for the directors/members, ensuring that all correspondence is delivered to us and, thus, keeping your details out of the public domain.

    IMPORTANT NOTICE:

    These rates and allowances are based on fiscal Statement and Budget announcements made by the UK and Northern Ireland, Scottish and Welsh Governments and are for information only. All information is subject to change and confirmation by the respective governments. The data must not be considered advice and no warranty is given for the accuracy or completeness of the details. Professional advice should be sought before making any decisions. Rates apply to the UK and Northern Ireland unless indicated otherwise.

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