News


FLEXIBLE WORKING - changes in the law from 6 April 2024
21/02/2024
From 6 April, the law is changing for how businesses manage an employee's flexible working request. Employees will be able to request flexible working from their first day in a new job. Learn about the legal changes and business benefits at https://helptogrow.campaign.gov.uk/flexible-working/ Read more...


Office Opening Times and HMRC's tax payment helpline
23/03/2022
Our office remains open for the drop off or collection of manual books and client meetings, Monday to Friday 9am to 5pm. Please use telephone or email to contact us as normal. Stay safe and be well. If you have concerns about meeting an HMRC tax payment deadline please call their dedicated Time to Pay helpline 0800 0159 559. Read more...


Update on the tax status of Double Cab Pick Ups
29/02/2024
HMRC had published an update, on 12 February 2024, on the tax status of Double Cab Pick Ups (DCPUs), following a 2020 Court of Appeal judgment. The update announced that effective from 1 July 2024, DCPUs with a payload of one tonne or more would be treated as cars rather than goods vehicles for both capital allowances and benefit-in-kind Read more...


Companies House filing fees increase
29/02/2024
Companies House has announced that some of their fees will be changing from 1 May 2024. The last change in fees was April 2016. The fees have been calculated on a ‘cost recovery’ basis meaning that the fees are calculated based on what it costs to provide the services in question. Companies House state that they do not make a profit on Read more...


Contractors and CIS
29/02/2024
The Construction Industry Scheme (CIS) is a set of special rules for tax and National Insurance for those working in the construction industry. Businesses in the construction industry are known as 'contractors' and 'subcontractors' and should be aware of the tax implications of the scheme. Under the scheme, contractors are required to Read more...


Advise HMRC if company is dormant
29/02/2024
If a company has stopped trading and has no other income, then the company is usually classed as dormant for Corporation Tax purposes. A company is usually dormant for Corporation Tax if it: has stopped trading and has no other income, for example investments; is a new limited company that hasn’t started trading; is an Read more...


Appeals against tax penalties
29/02/2024
It is not unusual for taxpayers to find themselves in a position where they disagree with a tax decision issued by HMRC. There are a number of different options open to taxpayers seeking to use the review and appeals process. Note, that there is a separate procedure to be followed by taxpayers that make a complaint about HMRC for issues Read more...


Holiday Lets averaging election
29/02/2024
The furnished holiday let (FHL) rules allow holiday lettings of properties that meet certain conditions to be treated as a trade for tax purposes. In order to qualify as a furnished holiday letting, the following criteria need to be met: The property must be let on a commercial basis with a view to the realisation of profits. Second Read more...


Crack down on ‘fire and rehire’ practices
28/02/2024
The Government has announced action to tackle the use of controversial 'fire and rehire' practices. In a press release issued 19 February 2024 they said: “Action against unscrupulous employers to tackle the use of controversial ‘fire and rehire’ practices will be rolled out by the Government today [19 February]. Dismissal and Read more...


A new champion for small businesses appointed
28/02/2024
An experienced entrepreneur has taken up a key role to promote the needs of small businesses to government and ensure suppliers seize the benefits of the Procurement Act. Shirley Cooper OBE, former chair and president of the Chartered Institute of Procurement and Supply, met Parliamentary Secretary Alex Burghart for the first time as Read more...

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Email: sfh@shousego.co.uk

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