There will be a change for self-employed individuals and partners from current year basis to the tax year basis from the 6th April 2024.
The deadline for capital gains tax returns on a disposal of UK homes has been extended from 30 to 60 days.
The past couple of months have seen plenty of new updates to Xero! We provide a free subscription to Xero for all of our accounting clients, so it’s worth keeping up to date with.
With so much information to process, it can be difficult to know exactly what will be affecting you and your business in the latest budget, so we’ve broken down the most important tax-related information for you.