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Spring 2021 Newsletter

News and Events

Christmas and New Year Office Hours

Our Festive Opening Hours for our Offices are detailed below -

Payroll Changes

Attention! An important change in legislation will be taking affect in April 2026 which will affect payroll processes.

Another U-Turn On Double Cab Pick-ups

As you may be aware, in February 2024 HMRC proposed a change in relation to the tax treatment of double cab pick-ups for both capital allowances and benefit in kind (BIK) purposes. They then quickly changed their mind around a week later and decided not to implement the changes. However, following the most recent Budget the Government have again decided these changes should be put in place.

Abolition of the Furnished Holiday Lettings Regime

The favourable tax regime for Furnished Holiday Lettings (FHLs) was first introduced in 1984. Forty years later, in the Spring 2024 Budget the then Chancellor of the Exchequer, Jeremy Hunt announced its abolition from 6 April 2025.