Specialist Tax News

ATED

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Annual Tax on Enveloped Dwellings (ATED) is payable by ‘non-natural persons’, such as companies, that hold an interest in UK residential property valued at over £500,000. The ATED charge is based on the value of the property and applies unless an available relief is claimed. One such available relief is for dwellings that are let […]

Specialist Tax News

Advisory fuel rates for company cars

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The table below sets out the HMRC advisory fuel rates from 1 March 2025. These are the suggested reimbursement rates for employees’ private mileage using their company car. Where the employer does not pay for any fuel for the company car these are the amounts that can be reimbursed in respect of business journeys without […]

Specialist Tax News

Diary of main tax events March / April 2025

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Date What’s Due 1 March Corporation Tax for year to 30/05/2024, unless quarterly instalments apply. 19 March PAYE & NIC deductions, and CIS return and tax, for month to 05/03/2025 (due 22/03 if you pay electronically). 26 March Spring Forecast: the Chancellor of the Exchequer, Rachel Reeves, will present her Spring forecast. 1 April Corporation […]