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NATIONAL LIVING WAGE (NLW) INCREASE

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UK: Interest rates remain unchanged at 5.25%

The Bank of England has today confirmed that interest rates will remain unchanged for the sixth time in a row at 5.25% as expected. #FarrellAndFarrell #crossbordertaxadvisors #crossborder #taxadvisors

UK: HMRC freezes director’s loan interest at 2.25%

HMRC has confirmed that the official rate of interest will not be increased for directors’ loans outstanding throughout the tax year 2024/25 using the normal averaging method of calculation, instead k

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