Insights
Our experts provide their insights on the latest industry developments and share tips on accountancy and business matters.
Greg Sutherland
Tax Director
08 March 2023
Preparing for the new rates of Corporation Tax – 19%, 25% and 26.5%The well-publicised increase to the main rate of Corporation Tax to 25% takes effect from 1 April 2023. Alongside this comes the introduction of a 19% small profits rate. In this article, we’ve explained the details and what you need to be aware of.
Laura Ritchie
Tax Senior Manager
21 February 2023
Deadline approaching for Annual Tax on Enveloped DwellingsIf you’re due to submit an Annual Tax on Enveloped Dwellings (ATED) return, then now is the time to speak to your trusted business adviser at Johnston Carmichael. ATED is a forward-looking tax, which you may need to submit a return for, even if there is no tax to pay. 2023/24 ATED returns are due to HMRC by 30 April 2023 and in line with HMRC’s five-year rebasing policy, this is the first period to use a 1 April 2022 valuation date.
Suzanne Brownie
Corporate Tax Partner
03 January 2023
My JC Path: Tax and Touch Rugby!Corporate Tax Partner, Suzanne Brownie, has been a keen participant in touch rugby for eight years. We caught up with Suzanne to discuss her passion for touch and the parallels between her two worlds.
17 November 2022
Autumn Statement 2022: Corporation TaxWith the increase in the main rate of corporation tax to 25% from 1 April 2023 already announced (and re-confirmed following the reversals of the “mini-budget”), we were not expecting much change on the corporation tax front in the Autumn Statement.
17 October 2022
Mini-Budget 2022 - the new Chancellor’s updateThis morning the new Chancellor, Jeremy Hunt, reversed almost all of the tax cuts that had been announced in the mini-Budget on 23 September 2022 in an attempt to help stabilise the UK economy.
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