admin, Author at SJPR UK

20 Dec 23

Tax consequences of loans to employees

An employee can obtain a benefit when provided with an employment-related cheap or interest-free loan. The benefit is the difference between the interest the employee pays, if any,

20 Dec 23

Tax and duties on goods sent from abroad

There are special rules to ensure that goods sent from abroad are taxed appropriately and to ensure that UK businesses supplying goods in the UK - for example by having to compete

19 Dec 23

Season’s greetings and a prosperous 2024

As Christmas arrives the week before the calendar year-end, many of us will enjoy a week’s shut down and have time to relax and enjoy the break with our family and friends. The

19 Dec 23

Investment v costs

There are two ways to consider the effects or benefits of business and personal expenditure. The payment of rates or utility costs are an essential part of our daily expenditure,

14 Dec 23

Help to pay your tax this month

If you are having trouble paying your tax on time you may be eligible to receive support from HMRC by applying for an instalment payment plan. An online payment plan for

14 Dec 23

Tax exempt accommodation costs

There are special rules for the provision of living accommodation for employees. In most cases, employees will pay tax on any living accommodation provided by an employer unless

14 Dec 23

Rent-a-room relief

The rent-a-room scheme is a set of special rules designed to help homeowners who rent-a-room in their home. If you are using this scheme, you should ensure that rents received from

14 Dec 23

Employees on full-time and part-time contracts

When a new employee is added to the payroll it is the employer's responsibility to ensure they meet the employee's rights and deduct the correct amount of tax from their

14 Dec 23

Changes to NIC from January 2024

A reminder that the main rate of Class 1 Employee National Insurance contributions (NIC) will be reduced from 6 January 2024. This change will see Class 1 NICs reduced by 2% from

14 Dec 23

CGT exempt allowance halving from April 2024

The annual exempt amount applicable to Capital Gains Tax (CGT) is to be halved from April 2024. This means that the exempt amount will be reduced from £6,000 currently, to £3,000

admin

Tax consequences of loans to employees

Tax and duties on goods sent from abroad

Season’s greetings and a prosperous 2024

Investment v costs

Help to pay your tax this month

Tax exempt accommodation costs

Rent-a-room relief

Employees on full-time and part-time contracts

Changes to NIC from January 2024

CGT exempt allowance halving from April 2024

Statutory Redundancy rights

Tax relief for landlords replacing domestic items

Tax and employee suggestion schemes

SJPR