Preparing for 2025 Tax Updates in the United Kingdom

Sebastianlawnicki7323 Sep, 2025Other

TAG Accountants explore essential updates affecting UK companies and taxpayers. With mandatory ID verification implemented at Companies House under the Economic Crime and Corporate Transparency Act 2023, directors must verify their identity. The end of FHL tax benefits impacts property taxation through changes to relief rules. Additionally, non-domiciled individuals face new taxation, including the removal of the remittance basis with an introduction of Foreign Income & Gains guidelines.