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

11 Dec 25

Winter Fuel Payment tax charge

The June 2025 reforms introduce a £35,000 income limit for keeping the Winter Fuel Payment, with HMRC recovering the payment from those above the threshold. The WFP is a tax-free

11 Dec 25

Agricultural and business property relief changes

Agricultural and business property relief changes that were first announced at Autumn Budget 2024 will come into effect from 6 April 2026. These measures will introduce significant

11 Dec 25

Property and savings income subject to new tax rates

The government announced at Budget 2025 that dividend income, property and savings income, will be subject to new tax rates. These changes will be legislated for through the

11 Dec 25

IHT treatment of unused pension funds and death benefits

The 2027 reforms will shift more responsibility to personal representatives, who may need to manage withholding arrangements and settle any IHT before pension benefits are

11 Dec 25

Expanding workplace benefits relief

From 6 April 2026, new tax rules will expand workplace benefits relief. The changes will simplify the treatment of certain low-value workplace benefits-in-kind (BIKs), affecting

08 Dec 25

The value of an overhead audit

Many businesses regard their overheads as fixed, predictable, and largely outside their control. In reality, an overhead audit often uncovers costs that have risen quietly,

08 Dec 25

Avoid over-stocking

Accountants often see the impact that excess stock has on a business long before the business owner realises what is happening. Over-stocking drains cash, fills storage space,

04 Dec 25

Work out your VAT fuel scale charge

VAT road fuel scale charges are fixed, standardised amounts that businesses must use to account for output VAT when they provide fuel for private use in a vehicle that is also used

04 Dec 25

Defer paying Class 1 National Insurance on a second job

Employees with a second job, third job or more may be able to defer or delay paying Class 1 National Insurance on their additional employment. This deferment can be requested when

04 Dec 25

Update from HMRC on MTD testing

HMRC has published a new Making Tax Digital newsletter. This newsletter is mainly intended for taxpayers and agents who are currently testing the Making Tax Digital for Income Tax

S.J.P.R.

Winter Fuel Payment tax charge

Agricultural and business property relief changes

Property and savings income subject to new tax rates

IHT treatment of unused pension funds and death benefits

Expanding workplace benefits relief

The value of an overhead audit

Avoid over-stocking

Work out your VAT fuel scale charge

Defer paying Class 1 National Insurance on a second job

Update from HMRC on MTD testing

Creative industry tax relief statistics

HMRC contacting trusts over tax return errors

Is your business ready for a cyber incident?

SJPR