Monthly Tax E-News - October 2025

An overview of current and prospective United Kingdom tax policy and compliance updates, presented as an October 2025 Tax E-News bulletin. It begins by announcing the Autumn Budget 2025 date and outlines numerous potential changes, such as widening the scope of National Insurance Contributions and aligning Capital Gains Tax rates with Income Tax. The article also reviews the delayed ramifications of past budgets, including future increases to Inheritance Tax and Business Asset Disposal Relief. Finally, it spotlights compliance issues, offering guidance on Umbrella Companies operating tax avoidance schemes, detailing the new process for VAT error correction, and summarising a tribunal case that disallowed sideways loss relief due to the activity not being carried out for profit.

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