Bank of England eases base rate to 4.75%
The Bank of England’s recent decision to reduce the base rate to 4.75% brings several potential benefits to various sectors of the UK economy. Let’s explore these advantages in detail.
Reduced
+01235 250011
The Bank of England’s recent decision to reduce the base rate to 4.75% brings several potential benefits to various sectors of the UK economy. Let’s explore these advantages in detail.
Reduced
1 December 2024 – Due date for Corporation Tax payable for the year ended 28 February 2024.
19 December 2024 – PAYE and NIC deductions due for month ended 5 December 2024. (If you pay your tax
It was announced as part of the Autumn Budget measures that the government will not now proceed with the reform to base the High Income Child Benefit Charge (HICBC) on household incomes.
To make it
As part of the recent Budget measures, it has been confirmed that the Help to Save scheme is to be extended by a further 2 years, until April 2027. The last date an account can be opened under the
It was announced as part of the Budget measures that the government will reform these reliefs from 6 April 2026. The existing 100% rates of relief will be maintained for the first £1 million of
The tax treatment of double cab pick-up vehicles (DCPUs) has been clarified as part of the recent Budget announcements. This follows a chequered history of the tax treatment of DCPUs after a 2020
At Autumn Budget 2024, the government confirmed that it will go ahead with a simplification measure first announced in January 2024. This new measure will mandate the reporting of Income Tax and Class
It was confirmed as part of the Autumn Budget measures that changes announced by the previous government at the Spring Budget earlier this year will proceed almost entirely as initially announced.
As part of the October Budget the Chancellor announced the highest ever level of government investment of £20.4 billion in research and development for next year, reinforcing the government’s
Keeping an eye on competitors offers crucial advantages, especially in a dynamic market. Here’s why it pays off:
Improving Market Positioning
By observing competitor pricing, branding, and marketing
Phone: 01235 250011 Fax: 01235 250022
28 The Quadrant, The Science Park, Barton Lane,
Abingdon, OX14 3YS
Oxonaccountancy © 2024
All Rights Reserved.
Subscribe to our mailing list and get interesting stuff and updates to your email inbox.
Thank you for subscribing.
Something went wrong.
We respect your privacy and take protecting it seriously