Annual Tax on Enveloped Dwellings

Written on 19 March 2024.

Annual Tax on Enveloped Dwellings (ATED) is an annual tax charge, payable mainly by companies that own UK residential property valued at £500,000 or above. If your company owns such a property, then you could be subject to ATED.

National Living Wage Increase Coming April 2024

Written on 12 March 2024.

Starting from April 2024, the National Living Wage (NLW) is set to experience a significant boost, bringing it to an hourly rate of £11.44. For the first time workers aged 21 and over (previously 23 and over) will be entitled to the National Living Wage. This positive change has several implications...

Changes to High-Income Child Benefit Charge

Written on 12 March 2024.

We wanted to bring to your attention some important changes regarding the High-Income Child Benefit Charge (HICBC) that will come into effect from 6 April 2024.