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February 2025

Business Asset Disposal Relief Changes BADR

Business Asset Disposal Relief (BADR): Breakdown of Forthcoming Changes

12th February 2025

Within her Autumn 2024 budget statement, Chancellor Rachel Reeves announced that the rates associated with Business Asset Disposal Relief (BADR) would be increasing.  Part of a broader strategy to increase tax revenues, the rates will be increased to...

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accountants in sunderland

Forthcoming Changes to Reporting of Benefits in Kind (BiKs)

30th May 2024

From 6th April 2026 employers must process Benefits in Kind (BiKs) though payroll rather than the annual submission of P11D/P11D(b) returns. The new approach is an effort to reduce administrative time for both employers and HMRC through the...

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