Preparing for 2025 Tax Updates in the UK

Lorrianeblanchet9929 Oct, 2025Other

This post by TAG Accountants highlights major revisions in compliance and taxation laws. Companies House now requires identity verification, impacting directors and key persons. The removal of Furnish Holiday Lettings redefines holiday property finances through changes to relief rules. Additionally, non-domiciled individuals face new taxation, including the abolishment of the remittance basis and an overhaul of Foreign Income & Gains guidelines.