Reversal on Mini Budget 2022

As the saying goes, a week is a long time in politics. However, recent events have been unprecedented. At the Mini Budget a new Prime Minister and Chancellor launched a new agenda, ‘The Growth Plan.’ Three weeks later, after huge turmoil, there has been a...

What is ATED?

ATED stands for Annual Tax on Enveloped Dwellings and was introduced on 1 April 2013. It imposes a fixed annual charge based on the value of residential property held by Companies and Partnerships subject to various exemptions.

VAT deferral scheme

HMRC have announced from 23 February 2021 that the VAT deferral scheme is open and available to use for VAT registered businesses that decided to defer their VAT liability between 20 March 2020 and 30 June 2020. It only applies to VAT that was deferred during that...