![Possible National Insurance Cuts](https://www.jpaccountant.info/wp-content/uploads/2022/08/city-of-london-4481399_1920-1080x675.jpg)
Possible National Insurance Cuts
The Chancellor recently hinted at the possibility of further National Insurance cuts, as preparations for the general election continue. This crucial information will impact everyone working and living in the UK, with expectations of reducing the tax burden. The UK...
![Weekly News – J&P Accountants](https://www.jpaccountant.info/wp-content/uploads/2023/11/david-dibert-POYDluw0tyw-unsplash-1080x675.jpg)
Weekly News – J&P Accountants
Weekly News: Bournemouth to introduce "tourism tax" from July. Gang set up 90 "companies" to gain £800,000 through VAT and financial fraud. NAO says taxpayers collectively spent 798 years waiting to speak to HMRC. Thousands of drivers facing "sunset tax" . Bournemouth...
![HMRC’s Crackdown on Online Sellers](https://www.jpaccountant.info/wp-content/uploads/2022/11/pexels-kampus-production-7289710-1080x675.jpg)
HMRC’s Crackdown on Online Sellers
Previously, we mentioned that HMRC has started investigating sellers' income information on major online selling platforms this year to combat tax evasion. All online sellers and part-time workers must declare and pay taxes to HMRC once they exceed the tax-free...
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Weekly News – J&P Accountants
Weekly News: HMRC has revealed that a highly rated restaurant in Manchester owes hundreds of thousands of pounds in taxes. UK company registration fees have been increased across the board. Free childcare applications for a new age group will open this Sunday. The...
![UK Company Tax Essentials](https://www.jpaccountant.info/wp-content/uploads/2023/08/dylan-gillis-KdeqA3aTnBY-unsplash-1080x675.jpg)
UK Company Tax Essentials
What should you consider when registering and growing a company in the UK? Our accounting team has outlined some details of tax compliance for you to check against. Ensuring tax compliance for your company can help you avoid a series of unnecessary penalties and...
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Weekly News – J&P Accountants
Due to system errors, thousands of UK households have been charged council tax twice. HMRC warns over 700,000 people to update tax credits as soon as possible. Four mortgage lenders announce interest rate increases. Brexit border tax adds £8 to average monthly food...
![Importance of Valid EORI Numbers](https://www.jpaccountant.info/wp-content/uploads/2024/04/Home-38-1080x675.jpg)
Importance of Valid EORI Numbers
Regularly checking the validity of the EORI number is crucial for sellers. When engaging in cross-border trade, the EORI number (Economic Operators Registration and Identification) is a vital identifier. It is necessary for all businesses trading with the EU. ...
![UK Company Tax Essentials](https://www.jpaccountant.info/wp-content/uploads/2023/08/dylan-gillis-KdeqA3aTnBY-unsplash-1080x675.jpg)
Refunds for Business Owners Leaving the UK
If someone running a business permanently leaves the UK, they may be eligible for refunds and related matters. Income Tax Refund: If you're self-employed or an owner of a limited company and have paid income tax, you can apply for an income tax refund. The amount...
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Weekly News – J&P Accountants
Weekly News: Popular UK seaside destinations consider introducing a tourist tax. HMRC received an estimated £5.8billion in overpaid tax. Five major banks raise mortgage rates. Pound hits five-month low as US dollar gains strength. Popular UK seaside destinations...
![National Minimum Wage 2024](https://www.jpaccountant.info/wp-content/uploads/2022/11/pexels-cup-of-couple-6633633-1080x675.jpg)
National Minimum Wage 2024
If you're working in the UK, you may see changes in your pay slip. The national minimum wage has been raised to £11.44 per hour, benefiting approximately 2 million people in the biggest wage hike in a decade. Details of the minimum wage: 21 and over: £11.44/hour ...