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Spring Budget ushers in property tax shake-up

13/03/2024

The Chancellor delivered his 2024 ‘Budget for long-term growth’ in the face of an upcoming general election. Although the headlines have been dominated by the news that employee National Insurance Contributions will be cut further…

What does the former Chancellor’s cut to Stamp Duty Land Tax (SDLT) mean for you?

27/10/2022

Much of the former Chancellor’s mini-Budget has now been repealed, but one ‘rabbit from the hat’ has been retained. In his speech on 23 September, Kwasi Kwarteng set out major changes to the thresholds for…

UK register for foreign owners of UK property set to come into effect imminently

22/07/2022

The Economic Crime (Transparency and Enforcement) Act received royal assent on 15 March, providing for a ‘Register of Overseas Entities’, which will require foreign owners of UK property to  register the beneficial ownership of their…

The deadline for 2022/23 ATED compliance is approaching

01/03/2022

For companies that hold residential property with a market value of more than £500,000, the Annual Tax on Enveloped Dwellings (ATED) deadline is approaching. ATED returns or relief declaration returns for 2022/23 should be submitted…

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