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AICPA News – July 2025

CPA Practice

Ujjwal Ahluwalia (Montana), a graduate of University of Delhi with a Bachelor of Commerce (Honors), and a Chartered Accountant from The Institute of Chartered Accountants of India, is employed with American Express in Gurugram, India. accounting and finance industry. Partnership Tax TRP Remove Treas.

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Professionals on the Move – June 2025

CPA Practice

Rohini has a Masters of Finance from the London School of Economics, and a Chartered Accountant certification from the Institute of Chartered Accountants of India. Rohini joins BILL from PayPal, where she most recently served as CFO and SVP of PayPal’s Large Enterprise and Merchant platforms.

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Delivery drivers, have you received an HMRC nudge letter?

Menzies

Menzies LLP - A leading chartered accountancy firm. HMRC launched a new one-to-many campaign on 15 January 2025 specifically targeting delivery drivers who HMRC believe have failed to deliver a tax return disclosing their income. Read on to find out how to address your past and present UK tax obligations.

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Salary Sacrifice / Salary Exchange

Menzies

Menzies LLP - A leading chartered accountancy firm. One tax rise that Rachel Reeves did warn us of in advance of the budget was an increase in the employer Class 1 national insurance contributions rate. We have used the expected national insurance rates and tax thresholds due to come into effect from April 2025.

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Crypto owners – what does the forthcoming budget mean for me?

Menzies

Menzies LLP - A leading chartered accountancy firm. An increase to capital gains tax? In their manifesto Labour promised not to raise income taxes, so we can reasonably expect the Government will be targeting other taxes in order to help raise funds to cover the so-called £20bn ‘black hole’.

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Tax Changes Impacting Offshore Trusts Created by Non-UK Domiciliaries

Menzies

Menzies LLP - A leading chartered accountancy firm. Effective from 6 April 2025, these changes represent a substantial departure from the previous regime and significantly alter the UK tax landscape for affected families and trustees.

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Autumn Budget 2024 Commentary: Technology

Menzies

Menzies LLP - A leading chartered accountancy firm. No increase in taxes on ‘working people’ As promised, the Chancellor did not raise ‘taxes for working people’, i.e. income tax and employee’s National Insurance. Nor has the Chancellor increased VAT.