ATED revaluations due for 2023/24

ATED revaluations due for 2023/24

Companies taxed under the Annual Tax on Enveloped Dwellings (ATED) scheme are reminded that revaluations are required for 2023/24 returns. ATED annual charge ATED is an annual tax, payable mainly by companies (both UK-resident and non-UK resident) owning residential property

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Tax advisers: Choosing the right one

Tax advisers: Choosing the right one

Whether your tax affairs are straight-forward or complex, tax advisers can act and liaise with HM Revenue & Customs (HMRC), on your behalf. Doing your homework, however, when it comes to choosing the right one for you, is imperative. In

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Tax Day 2021; What can we expect?

Tax Day 2021; What can we expect?

Just weeks after the Chancellor’s Spring Budget, the Treasury will hold what is being dubbed ‘Tax Day’ on 23 March. A raft of consultations which relate to tax policy, but that do not impact upon Government finances, will be released

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Van vs. car: what are the tax implications?

Van vs. car: what are the tax implications?

Back in August 2019, we commented on a tax case where a van provided to employees was reclassified as a car. The case, involving Coca-Cola, shines a light on the issues associated with the provision of vehicles to employees and,

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Taxable expenses and benefits guidance updated ahead of P11D deadline

Taxable expenses and benefits guidance updated ahead of P11D deadline

Ahead of the P11D and P11D(b) deadline on 6 July, and in light of Coronavirus, the Government has updated its taxable expenses and benefits guidance. If you provided benefits in kind or non-exempt expenses to employees during the 2019/20 tax

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Lifetime ISA withdrawals penalty temporarily reduced

Lifetime ISA withdrawals penalty temporarily reduced

The Government has confirmed that the penalty for early Lifetime ISA withdrawals has been reduced, in response to the Coronavirus pandemic. With thousands of individuals on lower incomes as a result, many are needing to access savings to support themselves.

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