In the first Tax Factor episode of 2025, Robert Salter and Neil Insull look at the latest tax topics for the new year.

What are Rachel Reeves’ potential New Year resolutions and what are the implications of the recent NIC changes announced in the last Budget?

Other highlights include tips and holiday pay, R&D tax relief, and HMRC’s reporting requirements for trading on platforms like eBay and Airbnb.

With the January tax return deadline fast approaching, Robert offers a timely reminder to get your tax return completed.

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