Budget 2025 Tax Announcements
As expected, the Budget contained a number of tax increases – many achieved by freezing exi...
Read our concise Budget summary here
Salary sacrifice cap of £2,000 on pension contributions per year from 2029. So employee and employer NI payable on salary sacrifice contributions above £2,000 from that point.
High value council tax annual surcharge from April 2028 for properties valued at more than £2m. Ranging from £2,500 to £7,500 per year.
Income tax rates raised by 2% on rental, dividend and interest income
Coral Accountancy Ltd is covered by professional indemnity insurance from QBE UK Limited of Plantation Place, 30 Fenchurch Street, London, EC3M 3BD. The territorial coverage is worldwide excluding professional business carried out from an office in the United States of America or Canada and excludes any action for a claim brought in any court in the United States of America or Canada.
© Coral Accountancy Ltd 2025 | Registered number: 08070318 | Registered address: 20 - 22 Wenlock Road, London, N1 7GU
