admin, Author at SJPR UK

05 Dec 24

Protect your land and property from fraud

It is important to take the necessary steps to protect your land and property from fraud. You are at a higher risk if: Your identity has been stolen You rent out your

05 Dec 24

Tax if you live abroad and sell UK home

One of the most commonly used and valuable exemptions from Capital Gains Tax (CGT) is for the sale of a family home. Generally, there is no CGT on a property that has been used as

05 Dec 24

Transfers of assets abroad

A new rule aimed at preventing individuals from using companies to avoid taxes through the Transfer of Assets Abroad (ToAA) provisions applies to income arising to persons abroad

05 Dec 24

VAT Flat Rate Scheme overview

The VAT Flat Rate Scheme allows businesses to pay VAT as a fixed percentage of their total turnover, which includes VAT. The applicable percentage varies based on the business

03 Dec 24

Tax Diary January/February 2025

1 January 2025 - Due date for Corporation Tax due for the year ended 31 March 2024 19 January 2025 - PAYE and NIC deductions due for month ended 5 January 2025. (If you pay your

03 Dec 24

When it comes to pensions, it is of paramount importance to Re-DOC on time!

A tribunal recently ruled on the failure of a private limited company, El Recruitment Ltd., to submit its Re-DOC before the statutory deadline as required under the 'Employer

02 Dec 24

The Likely Effects of Employers’ NIC Increases in 2025

The upcoming increase in Employers’ National Insurance Contributions (NICs) is set to have significant repercussions for UK businesses. Employers’ NICs are essentially a tax on

02 Dec 24

Fuel prices report by Competition and Markets Authority (CMA)

Fuel margins of retailers - the difference between what a retailer pays for its fuel and what it sells at - remain around the high levels seen during the CMA’s road fuel market

28 Nov 24

Seven year rule still applies – IHT PETs

There are specific rules regarding the liability to Inheritance Tax (IHT) on gifts made during a person's lifetime. In most cases, gifts made during a person’s life are not taxed

28 Nov 24

Changes to CGT Investors’ Relief

The rate of Capital Gains Tax (CGT) for Investors’ Relief will rise from 10% to 14% for disposals made on or after 6 April 2025. It will then increase further to 18% for disposals

admin

Protect your land and property from fraud

Tax if you live abroad and sell UK home

Transfers of assets abroad

VAT Flat Rate Scheme overview

Tax Diary January/February 2025

When it comes to pensions, it is of paramount importance to Re-DOC on time!

The Likely Effects of Employers’ NIC Increases in 2025

Fuel prices report by Competition and Markets Authority (CMA)

Seven year rule still applies – IHT PETs

Changes to CGT Investors’ Relief

Why industry expertise matters when starting a business

Choosing the right KPI’s for your business

Don’t forget to pay your Class 1A NIC

SJPR