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The UK's Ministry of Finance has recently announced a reduction in windfall taxes imposed on domestically produced crude...
18/10/2023

The UK's Ministry of Finance has recently announced a reduction in windfall taxes imposed on domestically produced crude oil, diesel, and aviation turbine fuel (ATF). This tax adjustment comes as a response to the evolving economic landscape.

Visit - https://www.taxyear.co.uk/tax-years/government-reduces-windfall-tax-on-diesel-crude-and-atf/

#2023

The UK's Ministry of Finance has recently announced a reduction in windfall taxes imposed on domestically produced crude oil, diesel, and aviation turbine fuel (ATF). This tax adjustment comes as a response to the evolving economic landscape.

The increase in tax being paid by corporations has sparked an enormous debate about the government's attitude to busines...
07/03/2023

The increase in tax being paid by corporations has sparked an enormous debate about the government's attitude to business - at the heart of which is whether or not low rates of corporation tax provide incentives for businesses to invest.

Read more - https://www.taxyear.co.uk/tax-years/corporation-tax-set-to-rise-from-19-to-25/

The increase in tax being paid by corporations has sparked an enormous debate about the government's attitude to business - at the heart of which is whether or not low rates of corporation tax provide incentives for businesses to invest.

The Income Tax additional rate threshold (ART) will be lowered from £150,000 to £125,140, the income level at which an i...
21/02/2023

The Income Tax additional rate threshold (ART) will be lowered from £150,000 to £125,140, the income level at which an individual will not have any Personal Allowance, because £1 of the Personal Allowance is withdrawn for every £2 of income above £100,000 from 6 April 2023.

Read more here - https://www.taxyear.co.uk/tax-years/income-tax-additional-rate-threshold-from-6th-april-2023/

The Income Tax additional rate threshold (ART) will be lowered from £150,000 to £125,140, the income level at which an individual will not have any Personal Allowance, because £1 of the Personal Allowance is withdrawn for every £2 of income above £100,000 from 6 April 2023.

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