January 2024 - SJPR UK

29 Jan 24

Changes at Companies House

Companies House have issued an update on their first implementation of changes brought about by The Economic Crime and Corporate Transparency Act. We have copied in the relevant

29 Jan 24

Does your business have a March year end date?

Leaving aside tax planning issues all businesses should be considering business planning opportunities if they presently have an accounting year end date of 31 March 2024. For

25 Jan 24

Do you need to register for self-assessment?

There are a number of reasons why you might need to complete a self-assessment tax return. This includes if you are self-employed, a company director, have an annual income over

25 Jan 24

Correcting payroll mistakes

Employers generally use payroll software or other payroll services to record employees pay, deductions and National Insurance contributions on or before each payday. They also need

25 Jan 24

Reporting company car changes

There is a requirement to notify HMRC if you make any company cars available for private use by company directors or employees. The definition of ‘Private use’ includes employees’

25 Jan 24

Assets made available to an employee

Assets such as computers, televisions and bicycles that are made available to employees can create certain tax, National Insurance and reporting obligations. There is no

25 Jan 24

VAT – option to tax property

There are special VAT rules that allow businesses to standard rate the supply of most non-residential and commercial land and buildings (known as the option to tax). This means

25 Jan 24

Tax and working from home

Employees who are working from home may be able to claim tax relief for bills they pay that are work related. Employers may reimburse employees for the additional household

22 Jan 24

Government launches new WhatsApp channel

The Government has launched a new account on WhatsApp Channels, allowing members of the public to subscribe to receive important updates to their phones. As a trusted, verified

22 Jan 24

Government steps to secure UK supply chains

Industry leaders have welcomed the Government’s new Critical Imports and Supply Chain Strategy, safeguarding UK supplies of critical goods such as medicines, minerals and

Month: January 2024

Changes at Companies House

Does your business have a March year end date?

Do you need to register for self-assessment?

Correcting payroll mistakes

Reporting company car changes

Assets made available to an employee

VAT – option to tax property

Tax and working from home

Government launches new WhatsApp channel

Government steps to secure UK supply chains

Tax Diary May/June 2025

Be wary of the legitimacy of post-termination employment restrictions – they may not be reasonable or enforceable

Make the most of trivial benefit payments 2025-26

SJPR