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Finance · LondonHMRC has confirmed that the Making Tax Digital (MTD) for Income Tax changes will apply to sole traders and landlords, and will require them to use digital record-keeping to record their income taxSee the Story
Millions of Workers to Face Major Tax Changes Within Months - The Mirror
Coverage: 2 sources
England · EnglandHMRC has announced a potentially significant policy change on VAT deduction on the management of pension funds.
Effective from 18 June 2025, the update allows employers to fully recover VAT on both invested and administration costs related to pension funds, eliminating the previous requirement to apportion costs between employers and pension funds trustees.Read Article
VAT policy change on management of pension funds opens door to 4-year reclaims
United Kingdom · United KingdomSuccession planning remains one of the most critical decisions for owners of law firms, particularly those seeking to preserve their firm’s legacy, values, and workforce. As traditional exit routes face increasing tax burdens and external sale risks, Employee Ownership Trusts (EOTs) have emerged as a compelling alternative—offering a blend of financial efficiency, cultural continuity, and long-term stability.Read Article
