Changing a company’s accounting year end
There are special rules which limit the ability to change your company’s accounting year end date. A company’s year end date is also known as its ‘accounting reference date’ and is historically set by
Register of Overseas Entities
The Register of Overseas Entities came into force in the UK on 1 August 2022. The register is held by Companies House and requires overseas entities that own land or property in the UK to declare
Tax on savings interest
If you have taxable income of less than £17,570 in 2023-24 you will have no tax to pay on interest received. This figure is calculated by adding the £5,000 starting rate limit for savings (where 0% of
Still time to register for the Marriage Allowance
There is still time to register for the marriage allowance before the current tax year ends on 5 April 2024. The marriage allowance applies to married couples and those in a civil partnership where a
Company confirmation statement changes
As well as filing accounts with Companies House, there is an important requirement to check that the information Companies House has about your company is correct every year. This is facilitated by
Tax Diary April/May 2024
1 April 2024 - Due date for corporation tax due for the year ended 30 June 2023. 19 April 2024 - PAYE and NIC deductions due for month ended 5 April 2024. (If you pay your tax electronically the due
Tech companies assist with fuel price transparency
Leaders from top comparison sites, RAC and The AA will be among those meeting the Energy Affordability Minister to help share new fuel price data and keep costs down for motorists. Price comparison
Public sector productivity
In a recent announcement by the Treasury, it was announced that plans are afoot to deliver up to £1.8bn of productivity benefits by 2029. The aim is to improve public sector productivity, including
Updated guidance on reporting hybrid working for sponsored workers
In spring 2023, the government updated part 3 of its sponsor guidance for workers and temporary workers to provide that employers must notify UK Visas and Immigration (UKVI) if a sponsored worker’s
ICO publishes guidance on information sharing in mental health emergencies at work
The Information Commissioner’s Office (ICO) has published new guidance to give employers greater certainty about sharing their workers’ personal information in the event of a mental health emergency.