Date posted: 14th Apr 2025
A non-natural person (normally a company) that owns residential properties, may need to complete a Return to declare the “Annual Tax on Enveloped Dwellings” – also known as ATED.
Date posted: 14th Apr 2025
The official rate of interest is a rate set by HMRC which is used to calculate the benefit in kind tax charge on cheap employment-related loans, and also the amount charged to tax in respect of the provision of employer-provided living accommodation where the cost of that accommodation is more than £75,000.
Date posted: 14th Apr 2025
A negligible value claim means that a claim is made that an asset is worthless, without actually selling the asset.
Date posted: 14th Apr 2025
The end of the 2024/25 tax year means that many employers will be submitting various compliance forms to HMRC in the coming months.
Date posted: 14th Apr 2025
If your 2023/24 tax return has not been submitted to HMRC, then you are likely to face £10 daily penalties, if this remains the case from 1 May 2025.
Date posted: 14th Apr 2025
HMRC have announced that anyone with only PAYE income, will not be required to complete a 2024/25 tax return.
Date posted: 27th Mar 2025
If you are the owner of a personal or family company, it is prudent to review your dividend strategy before the 2024/25 tax year comes to an end…
Date posted: 27th Mar 2025
There comes a time in every business owner’s life when retirement looms and thoughts turn to succession planning. Planning should ideally start 2-3 years before the date of…
Date posted: 27th Mar 2025
The favourable tax regime that applies to landlords letting furnished holiday accommodation comes to an end on 5 April 2025. For 2025/26 and later tax years, furnished holiday…
Date posted: 27th Mar 2025
The way in which unincorporated landlords obtain relief for interest depends on the nature of the property that they let. Where the property is a commercial property, the…
