Stay informed with the latest tax updates, business insights, and company news from TengFei International. Essential information for business owners and individuals.
Subscribe to UpdatesGovernment confirms corporation tax rates remain at 25% for large companies, providing planning certainty for businesses. Key updates on business rates relief and other tax measures.
The main corporation tax rate remains at 25% for companies with profits over £250,000, providing certainty for business planning. The small profits rate continues at 19% for profits up to £50,000, with marginal relief applying between £50,000 and £250,000.
The 75% business rates relief for retail, hospitality and leisure properties has been extended for another year until March 2026, capped at £110,000 per business to support economic recovery.
Capital gains tax rates for higher rate taxpayers increase from 20% to 24% for most assets, and from 28% to 32% for residential property. Annual exemption remains at £3,000 for 2024/25.
Rate stability provides certainty for your tax planning strategy. Contact TengFei International to review your business structure and identify opportunities for tax efficiency under the current rates.
Corporation Tax
Rates unchanged at 19%/25%
AIA Extended
£1M until March 2026
R&D Relief
New UK requirements
Our experts can help you optimize your tax position under the current stable rates.
Book ConsultationStay up-to-date with the latest developments in tax, accounting, and business advisory.
With corporation tax rates remaining stable at 25% for larger companies, medium businesses can continue with confidence in their tax planning strategies. Rate stability provides valuable certainty...
With interest rates continuing to impact business borrowing, companies need to adapt their cash flow management strategies. Here are five key approaches that can help...
Recognizing the unique challenges faced by medium-sized companies, TengFei now offers 'Price on Application' and custom quotes to ensure services match your specific business requirements...
HMRC has clarified several key dates for the 2024/25 tax year, including new penalty structures and digital filing requirements that all taxpayers should be aware of...
New IR35 guidelines have been released that clarify the determination process for off-payroll working. This affects both contractors and the companies that engage them...
The UK government has updated business visa requirements, creating new opportunities and challenges for Chinese entrepreneurs looking to establish UK operations...
Subscribe to our newsletter for the latest tax updates, business insights, and regulatory changes.