As we navigate the evolving landscape of capital allowances, it’s crucial for businesses to understand the nuances between two significant tax relief options: Full Expensing and the Annual Investment Allowance (AIA). The government introduced Full Expensing in Spring 2023 and made it permanent in Autumn 2023. This new option might lead some companies to forget […]
In a surprising move, HMRC has kept the official rate of interest (ORI) for employee loans at a mere 2.25% for the 2024/2025 tax year. This presents a unique opportunity for company shareholders, especially when you consider: