KRW Tax news
Cash ISA allowance will be reduced from £20k to £12k from April 2027
KRW Tax newsNovember 26, 2025|In KRW Tax news|By Keith Witchell In a bid to encourage more people to save into stocks and shares, the current £20k per annum allowance for investing in ISA will be…
Mansion tax for homes worth over £2M from April 2028
KRW Tax newsNovember 26, 2025|In KRW Tax news|By Keith Witchell As expected, a new High Value Council Tax Surcharge was announced which will kick in from April 2028 and apply to homes worth over…
100% CGT relief for shares sold to employee ownership trust halved
KRW Tax newsNovember 26, 2025|In KRW Tax news|By Keith Witchell Under current rules, if you sell more than 51% ownership of your business to an Employee Ownership Trust then there is a 100% relief,…
Permanent rates reduction for hospitality, retail and leisure
KRW Tax newsNovember 26, 2025|In KRW Tax news|By Keith Witchell Two new, lower, multipliers will be introduced for these sectors from April 2026, in a bid to permanently reduce business rates for…
NIC to apply to salary sacrifice pension arrangements from April 2029
KRW Tax newsNovember 26, 2025|In KRW Tax news|By Keith Witchell As widely anticipated in the lead up the Budget, it was today announced that NIC will apply to pension contributions from April 2029,…
Mileage based electric/hybrid vehicle excise duty from April 2028
KRW Tax newsNovember 26, 2025|In KRW Tax news|By Keith Witchell It was today announced that the government are introducing a new Electric Vehicle Excise Duty (eVED) from April 2028 which will impose…
100% first year allowance for new electric cars extended to March 2027
KRW Tax newsNovember 26, 2025|In KRW Tax news|By Keith Witchell The Budget documents confirm that the current 100% capital allowance that applies to the purchase of new electric vehicles and charge…
New first-year allowance of 40% for main rate assets from January 2026
KRW Tax newsNovember 26, 2025|In KRW Tax news|By Keith Witchell It was also announced today that the government will introduce a new 40% first-year allowance for the purchase of main rate assets, to…
Main rate writing down allowance reduced from 18% to 14%
KRW Tax newsNovember 26, 2025|In KRW Tax news|By Keith WitchellCurrently, assets which are not eligible for the Annual Investment Allowance or First Year Allowances, including hybrid cars, and…
£1M inheritance tax relief for business/agricultural assets will transfer
KRW Tax newsNovember 26, 2025|In KRW Tax news|By Keith WitchellThe Labour government announced last year that the current 100% Inheritance Tax relief for shares and other business/agricultural assets…