S.J.P.R., Author at SJPR UK

21 Nov 24

Changes to rates of tax on carried interest

The 18% and 28% Capital Gains Tax (CGT) rates currently applied to carried interest gains remain unchanged for the current tax year. This charge applies to individuals who provide

21 Nov 24

What is a discretionary trust?

A trust is an obligation that binds a trustee, an individual or a company, to deal with assets such as land, money and shares and which form part of the trust. The person who

21 Nov 24

Car and van fuel benefit charges from 6 April 2025

The vehicle benefit charges for 2024-25 were announced at Autumn Budget 2024. The government will introduce legislation by statutory instrument in December 2024 to ensure the

19 Nov 24

Bolt ruling seals the case against sham contracts

Despite an appeal, the Courts recently found against Bolt in relation to their attempts to evade the statutory entitlements of their drivers to a minimum wage and holiday pay. The

18 Nov 24

Subscription scams

New proposals to crack down on subscription traps, have been unveiled by the Department for Business and Trade as the government launches a consultation on measures to make it

18 Nov 24

What is an acceptable pensions income?

Determining an acceptable level of pension income for retirement depends on individual circumstances, including lifestyle expectations, health, and financial commitments. However,

14 Nov 24

An overview of salary sacrifice arrangements

A salary sacrifice arrangement involves an agreement by an employee to lower their cash salary in exchange for non-cash benefits. Importantly, this reduction must not bring their

14 Nov 24

Tax changes for Furnished Holiday Lets property owners

The current tax benefits for the letting of properties as short-term holiday lets (known as Furnished Holiday Lets - FHL) is to be abolished from April 2025. The changes will take

14 Nov 24

Limits on Income Tax reliefs

The limit on Income Tax reliefs has applied since 6 April 2013. This measure was the first time a limitation to existing reliefs had been introduced. The cap is set at the greater

14 Nov 24

How to claim a tax refund

If you believe you have overpaid tax to HMRC, you can typically claim a tax refund for the excess amount. The process for making a claim varies depending on factors such as whether

S.J.P.R.

Changes to rates of tax on carried interest

What is a discretionary trust?

Car and van fuel benefit charges from 6 April 2025

Bolt ruling seals the case against sham contracts

Subscription scams

What is an acceptable pensions income?

An overview of salary sacrifice arrangements

Tax changes for Furnished Holiday Lets property owners

Limits on Income Tax reliefs

How to claim a tax refund

How the Marriage Allowance works

Self-employed National Insurance

National Insurance liability on benefits in kind

SJPR