admin, Author at SJPR UK

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

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

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

Don’t forget to report property gains

A higher rate of CGT applies to gains on the disposal of residential property (apart from a principal private residence). In the Spring Budget 2024, the Chancellor announced a

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

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

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,

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

Government to deal with £22bn “black hole” in finances

The new Chancellor of the Exchequer, Rachel Reeves, delivered her widely anticipated House of Commons statement on 29 July 2024. The Chancellor asserted that the new government has

01 Aug 24

HMRC launches VAT registration tool

A new digital VAT registration tool has been launched by HMRC that can be used to help businesses work out the effects of registering for VAT. The launch of the tool known as the

admin

More detail on VAT charge on private school fees

Corporate claims for charitable donations

Tax relief for goodwill purchases

Don’t forget to report property gains

Living Wage rates to be overhauled

Road fuel costs still too high

Sharing your home with tenants

Using the VAT Annual Accounting Scheme

Government to deal with £22bn “black hole” in finances

HMRC launches VAT registration tool

IHT Unused Pension Funds and Death Benefits changes

IHT Agricultural and Business Property Relief changes confirmed

Capital Gains valuations of goodwill

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