Latest Tax Tips and News - March 2024

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06/02/2026

Latest Tax Tips and News - March 2024

Welcome to the Capitax Financial Latest Tax Tips and News - March 2024, bringing you the latest news to keep you one step ahead of the taxman. We are committed to ensuring none of our clients pay a penny more in tax than is necessary and they receive useful tax and business advice and support throughout the year. Please contact us for advice on your own specific circumstances. We’re here to help!

Government climbdown on inheritance tax for family firms

Chancellor Rachel Reeves recently reversed part of a planned inheritance tax change affecting family-owned businesses and farms. Read More...

Government rejects call to raise pensioners' tax-free allowance

A petition asked the Government to create a new tax code for people over state pension age and raise their personal allowance to £25,140. Read More...

Surge in Cash ISA Deposits

Savers rushed to deposit money into cash ISAs in October, driven by speculation that the annual allowance might be cut. £4.2 bn was added in October - a 75% increase from September's £2.4 bn.< Read More...

Claims that the Chancellor's U-turns cost £3bn of headroom

Chancellor Rachel Reeves is reported to have already used up to £3bn of the £22bn fiscal headroom she set out in her November Budget. The spending is linked to a series of U-turns and concessions made since the Budget was announced. Read More...

February Questions and Answers

Q: I’m close to going over the capital gains tax limit. How can I avoid a bill? Read More...

February Key Dates

1st: Corporation Tax payments are due for companies with a year-end of 30th April Read More...

About Us

Capitax Financial is an independent and forward-thinking firm of Chartered Accountants, Tax Consultants and Business Advisors based in North West London (Stanmore, Harrow). We provide a full range of accounting, tax and business services to a wide range of UK and International clients, whether they are private individuals, entrepreneurs, investors, families, partnerships or corporate clients. Visit our website capitaxfinancial.com for more information.

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Samir Shah BFP FCA (samir@capitaxfinancial.com)

Director

Capitax Financial Ltd Devonshire House 582 Honeypot Lane Stanmore Middlesex HA7 1JS

Capitax Financial is a trading name of Capitax Financial Ltd