admin | SA Ledgers Ltd

Income reporting threshold increased

by admin | May 8, 2025 | Income Tax

The £3,000 reporting threshold for trading, property, and other income will simplify tax returns—300,000 people could be freed from filing. A digital alternative is also coming. As part of the Spring 2025 Tax Update: Simplification, Administration and...

Mandating the Payrolling of benefits in kind update

by admin | May 8, 2025 | Payroll

HMRC has delayed mandatory payrolling of benefits in kind by a year to April 2027, giving employers and software providers more time to prepare. Penalties will be eased in the first year. The requirement to report Income Tax and Class 1A National Insurance...

Reversal of requirement to report more detailed employee hours paid

by admin | May 8, 2025 | Payroll

The government has scrapped plans for detailed PAYE reporting of employee hours from April 2026, citing concerns over cost, complexity, and practicality. Employers will stick with current rules. As part of the Spring 2025 Tax Update: Simplification, Administration and...

How to check employment status

by admin | May 8, 2025 | Employment & Payroll

HMRC’s CEST tool gets a revamp from 30 April 2025, with clearer questions and updated guidance to help users decide employment status for tax—plus stronger backing from HMRC. In a Written Ministerial Statement delivered on 28 April, the Exchequer Secretary...

Fresh Ideas for Additional Revenue Streams

by admin | May 7, 2025 | Business Support

For many small and medium-sized enterprises (SMEs), the core business keeps the lights on, but additional income streams can provide much-needed stability and growth. Whether you're a service provider, a retailer, or run a niche consultancy, diversifying your...