2024/25 Tax Card
This handy document outlines all the key rates and allowances for the 2024/25 tax year.
Condies News Round Up – July 2024
HMRC contacts pending for claimants; house prices rise slightly again; media sector faces scrutiny from HMRC; and only 13% of Bounce Back Loans paid off.
Spotlight on: Becoming an employer
Deciding to become an employer is a significant milestone for any business. It marks a phase of growth and the need for additional support. In this guide, we will explain what becoming an employer entails, the steps required, the key considerations, and the changes that come with this decision. We’ll also consider the pros and cons to help you make an informed choice.
Spotlight on: Navigating Capital Gains Tax
Capital gains tax (CGT) is the tax on the profit you make when you sell or ‘dispose of’ an asset that has increased in value during your ownership. It is important to note that the tax is levied only on the gain made from the sale, not the total sale price. This guide will examine CGT in-depth, covering everything from how it is calculated to the allowances, exemptions, and reliefs available. By understanding these subtleties, you can plan better, be tax-compliant, and potentially save a lot of money.
Press Release – Condies joins Dains Group
The Dains Group announces the acquisition of Condies Chartered Accountants in a move that underscores their commitment to the Scottish market.