×

Resources

Tax Facts 2024/25

Resources

Tax Facts 2024/25

This page was last updated on March 12, 2024

Our Tax Facts summary for the tax year 2024/25 gives all the rates and deadlines and is current according to the date shown on this page. 

It also reflects the announcements in The Chancellor’s Budget on 6 March 2024.

Other helpful resources

You may also find the following resources helpful:

A summary of the Chancellor’s 2024 Spring Budget

A SUMMARY OF THE CHANCELLOR’S 2023 AUTUMN STATEMENT

Can we help?

Please do get in touch with your usual Shipleys’ contact if you need any further advice or call one of our offices.

London – t: +44 (0)20 7312 0000 – e: advice@shipleys.com

Godalming – t: +44 (0)1483 423607 – e: godalming@shipleys.com


Specific advice should be obtained before taking action, or refraining from taking action, in relation to this summary. If you would like advice or further information, please speak to your usual Shipleys contact.

Copyright © Shipleys LLP 2024

Current Issues

The new UK independent film tax credit

The UK independent film tax credit (IFTC) was initially announced in the 2024 Spring Budget. In October, the UK’s Labour government confirmed its go-ahead and issued further information.
Allocation of Tips - A new regime. Waiter holding tray of food

A new regime and reporting for the allocation of tips

The Employment (Allocation of Tips) Act and a Statutory Code of Practice came into force on 1 October 2024. They will impact businesses, their employment policies and payroll systems across the leisure and hospitality sectors.

Tax-efficient charitable giving

How to be tax savvy with your charitable giving and help charities gain more from your donations.