2024 - TaxDone

Autumn Budget 2024 Breakdown

Reading time:4 mins read
Post author:taxdone
Post published:November 24, 2024
Post category:Budget

The UK Autumn Budget 2024, delivered by Chancellor Rachel Reeves, introduced several key changes to the tax system affecting various groups, including limited companies, sole traders, high-net-worth individuals, employees, and…

Understanding Business Expenses for UK Limited Companies

Reading time:6 mins read
Post author:taxdone
Post published:November 6, 2024
Post category:Limited Companies

When running a UK Limited Company, claiming allowable business expenses can significantly reduce your taxable profit, thereby lowering your corporation tax liability. To ensure compliance with HMRC rules, it's essential…

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