KRW Tax news
Income tax and NIC thresholds and bands further frozen until 2031
KRW Tax newsNovember 26, 2025|In KRW Tax news|By Keith WitchellI’ve said it before and I’ll say it again: How do you put up tax without putting up tax? Freeze thresholds and allowances so that…
Income tax on savings & rental income increased by 2% from April 2027
KRW Tax newsNovember 26, 2025|In KRW Tax news|By Keith WitchellIn a further attack on landlords (and savers), Rachel Reeves announced that the income tax rate paid on savings and rental income will…
Dividend tax increased by 2% from April 2026
KRW Tax newsNovember 26, 2025|In KRW Tax news|By Keith WitchellIn a bitter blow for company owners, the Chancellor announced that dividend tax will rise by 2% from April 2026. This will increase the…
EMI share schemes increased eligibility to widen scope
KRW Tax newsNovember 25, 2025|In KRW Tax news|By Keith Witchell The Enterprise Management Incentive (EMI) scheme offers a tax efficient way to incentivise key employees by offering them options to…
We’re all doomed: what to expect in next month’s budget
KRW Tax newsNovember 5, 2025|In KRW Tax news|By Keith WitchellWith the next Labour Budget fast approaching, and lots of talk of tax rises in the press, there is a feeling of impending doom among many…
75% rates relief for retail, hospitality and leisure sectors extended
KRW Tax newsMarch 29, 2024|In KRW Tax news|By Keith WitchellIn welcome news for these struggling sectors, the Chancellor announced today that the current 75% business rates relief for business…
R&D tax reliefs to be simplified from April 2024
KRW Tax newsMarch 29, 2024|In KRW Tax news|By Keith WitchellIt was announced today that the current R&D Expenditure Credit (RDEC) and SME schemes for R&D tax relief will be merged from April…
Full expensing relief for capital purchases made permanent
KRW Tax newsMarch 29, 2024|In KRW Tax news|By Keith WitchellOriginally unveiled in this year’s Spring Budget as a 3-year temporary measure, Full Expensing Relief allows companies buying new plant and…
National living wage increased to £11.44 for over 21’s from April 2024
KRW Tax newsMarch 29, 2024|In KRW Tax news|By Keith WitchellJeremy Hunt announced in his statement that a 9.8% increase will be applied to the National Living Wage, which will go from £10.42 per hour…
Class 4 nic for the self-employed reduced from 9% to 8% from April 2024
KRW Tax newsMarch 29, 2024|In KRW Tax news|By Keith WitchellA further tax cut was announced by Jeremy Hunt for self-employed workers, who will see the Class 4 NIC charge on their annual profits…