admin, Author at SJPR UK

08 Aug 24

Tax relief for goodwill purchases

Goodwill is a concept frequently discussed, and yet it is seldom addressed in legislation. Typically, it is defined as the additional value of a business beyond its tangible

08 Aug 24

Corporate claims for charitable donations

When a limited company makes charitable donations specific rules apply. These may include Corporation Tax relief for donations to registered charities or community amateur sports

08 Aug 24

More detail on VAT charge on private school fees

More details have been published regarding Chancellor Rachel Reeves' plans to impose a VAT charge on private school fees. The government has said that the money raised by ending

08 Aug 24

Holiday Lets – the demise of tax concessions

It was announced as part of the Spring Budget measures that the present favourable tax benefits presently allowed for the letting of properties as short-term holiday lets - known

08 Aug 24

Pension contributions – claiming higher rate tax relief

You can usually claim tax relief on private pension contributions worth up to 100% of your annual earnings, subject to the overriding limits. Tax relief is paid on pension

05 Aug 24

Road fuel costs still too high

The Competition and Markets Authority (CMA) has published an update on the widespread action it is taking to ensure that people can get the best possible choices and prices in the

05 Aug 24

Living Wage rates to be overhauled

In a move to put more money in working people’s pockets, the government has overhauled the remit of the Low Pay Commission (LPC). This will, for the first time, ensure the

01 Aug 24

First interest rates cut in over four years

The Bank of England’s Monetary Policy Committee (MPC) met on 1 August and in a very close 5-4 vote decided to reduce interest rates by 25 basis points to 5%. The 4 remaining

01 Aug 24

Using the VAT Annual Accounting Scheme

The VAT Annual Accounting Scheme is available to most businesses with an annual turnover of up to £1.35 million. Key benefits of the scheme include the obligation to file just one

01 Aug 24

Sharing your home with tenants

If you have tenants in your home there can be Capital Gains Tax (CGT) consequences. Generally, there is no Capital Gains Tax (CGT) on a property used as the main family residence,

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Tax relief for goodwill purchases

Corporate claims for charitable donations

More detail on VAT charge on private school fees

Holiday Lets – the demise of tax concessions

Pension contributions – claiming higher rate tax relief

Road fuel costs still too high

Living Wage rates to be overhauled

First interest rates cut in over four years

Using the VAT Annual Accounting Scheme

Sharing your home with tenants

What are your concerns?

What does EBITDA stand for?

Car and van fuel benefit charges from 6 April 2025

SJPR