Thompson & Co

Thompson & Co Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Thompson & Co, Accountant, SME House, Unit 1 Holme Lacy Industrial Estate, Hereford.

30/10/2024

AUTUMN BUDGET 2024

VAT to be charged on private school fees

30/10/2024

AUTUMN BUDGET 2024

No extension of the income tax thresholds freeze implemented by the Conservative government

From 2028/29 income tax thresholds uprated in line with inflation

30/10/2024

AUTUMN BUDGET 2024

Increasing the SDLT surcharge to 5% on second homes - in effect from tomorrow

30/10/2024

AUTUMN BUDGET 2024

Concept of domicile being abolished from 2025 and new residential scheme introduced

Per the Chancellor “If you make the UK your home, you should pay your taxes here”

30/10/2024

AUTUMN BUDGET 2024

A rates relief of 40% on retail, hospitality and leisure small businesses

30/10/2024

AUTUMN BUDGET 2024

CGT rates for residential properties maintained at 18 and 28%

CGT lower rates to increase from 10% to 18% and from 20% to 24% for the higher rate

Business Asset Disposal Relief is increased from 10% to 14% and then to 18% from 2026/27

30/10/2024

AUTUMN BUDGET 2024

Increased employment allowance to £10,500 meaning 865,000 employers won’t pay any employers NI in 2025

30/10/2024

AUTUMN BUDGET 2024

No increases on VAT, Income Tax or National Insurance for working people

But employers national insurance increases to 15% from 2025 along with threshold reducing from £9,100 to £5,000

More detail as we get it

30/10/2024

AUTUMN BUDGET 2024

Fuel Duty frozen for another year

30/10/2024

AUTUMN BUDGET 2024

State pension to increase 4.1% in 2025/26

30/10/2024

AUTUMN BUDGET 2024

Increase in carers’ allowance to match the equivalent of 16 hours a week at national minimum wage

Address

SME House, Unit 1 Holme Lacy Industrial Estate
Hereford
HR26DR

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