The Porter Garland 2025/26 Tax Card offers all the latest changes to rates and charges. Our latest report focuses on the following headlines:
- INCOME TAX ALLOWANCES: tax-free income allowance dates
- VEHICLE AND FUEL BENEFITS-IN-KIND: The taxable benefit-in-kind is calculated as a percentage of the car’s UK list price. The percentage depends on the car’s CO2 emissions in grams per kilometre (g/km).
- TAX-FREE MILEAGE ALLOWANCES: mileage rates exempt from tax
- CAPITAL GAINS TAX: tax on profits from assets sales
- INHERITANCE TAX: taxes on estate inheritance
- UK COMPANY TAXATION: Corporation tax rates and rules
- MAIN CAPITAL ALLOWANCES: deductions for business asset investment
- VAT: value added tax rates and rules
- TAX-EFFICIENT INVESTMENTS: investment options with tax benefits
- REGISTERED PENSIONS: Pension schemes and tax treatments
- NATIONAL INSURANCE: contributions for social security benefits
- STAMP DUTY: tax on property, document transactions
- PROPERTY TAXES: taxes applicable to property owners
And finally, an important notice and the benefit of professional advice: the rates and allowances highlighted in this report are based on fiscal announcements made by the UK and Northern Ireland, Scottish and Welsh Governments and are for information only. All information is subject to changes with effect from 6 April 2025 and confirmation by the respective Governments. The above must not be considered advice and no warranty is given for the accuracy or completeness of the details. Professional advice should be sought before making any decisions. Rates apply to the UK unless stated otherwise.
For more information on any of the details in this report, or for general tax-planning advice, do get in touch with the team at Porter Garland on 01276 674870
To read full details in the report, click this link Porter Garland Tax Card-Digital-2025-2026