Monthly Tax E-News - July 2025

Tax E-News: July 2025 Updates, offers guidance on various financial matters for individuals and businesses. It explains the complexities of extracting funds from owner-managed companies in a tax-efficient manner, noting that a one-size-fits-all approach is no longer viable and individualised calculations are crucial. The newsletter also highlights the benefits of tax-free childcare accounts for subsidising summer childcare costs and discusses the advantages and considerations of salary sacrifice schemes for pension contributions. Finally, it provides updates on Making Tax Digital (MTD) for Income Tax, specifically for jointly held property, and clarifies the VAT implications of private tuition based on recent tribunal findings.

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