admin | SA Ledgers Ltd

Relief for company tax losses

by admin | Oct 3, 2024 | Corporation Tax

Corporation Tax relief may be available when a company or organisation incurs a trading loss, a loss on the sale or disposal of a capital asset, or on property income. Tax relief may be available to reduce Corporation Tax by offsetting it against other profits or...

Starter checklist for PAYE

by admin | Oct 3, 2024 | Payroll

When hiring a new employee, employers must determine the appropriate tax code and starter declaration for their payroll software. Using incorrect tax codes can result in the new employee over or underpaying their taxes. To ensure the correct information is entered,...

Check your State Pension age

by admin | Oct 3, 2024 | Pension

HMRC’s 'Check your State Pension age' tool is available at www.gov.uk/state-pension-age/y. The online tool allows taxpayers to check the following: the earliest age they can start receiving the State Pension; their Pension Credit qualifying age; and when...

Cash in Child Trust Funds

by admin | Oct 3, 2024 | General

HMRC has issued a press release urging 18-22 year olds who have yet to claim their Child Trust Fund (CTF) cash to do so as soon as possible. According to HMRC, over 670,000 young adults in this age group have unclaimed funds, with the average savings pot estimated to...

Beware fake parking fine texts

by admin | Sep 30, 2024 | General

The Driver and Vehicle Standards Agency (DVSA) is warning that scammers are sending text messages about fake DVSA parking penalty charges. The text messages warn people that they have a ‘parking penalty charge’, and that if they do not pay on time, that...