Information on Company EV Car Charging
Matt studio

New Website – thanks to Bybrook Web Design

I am pleased to be writing this newswire to you all knowing that our revamped website is up and running.

My huge gratitude to Jo Lewendon who put a lot of time and effort into the design of the new site and challenging me on the look and feel I wanted the site to give the business.

This was then built and polished  by Andy Frances of Bybrook Web Design and my gratitude extends to him also for his work.

The outcome is that we now have a website we are proud of,  the team feel attached to, and it supports our purpose and the service we provide to our clients.

I have enjoyed this process as it’s given me time to really think about the Clear Vision I want to run and how I want others to feel when they visit the website, come into the office, or communicate with one of the team.

I hope you will have time to take a look at the website and maybe even inspire yourself to make some changes and refresh some ideas of your own.

information on company EV car charging

2023/2024 Expenses and Benefits forms P11D

We are now well into completing expenses and benefits forms P11D for clients and you may already have received a request for information from us.  If you have we would be grateful for your response as soon as possible.

If you are a business that has employees and have not received any request from us we would recommend that you review our 2024 P11D general checklist and get in touch if you believe that you have provided benefits to employees that need to be declared to HMRC.  We are also available to discuss tax free benefits mentioned in the checklist.

If you have given any non-cash gifts or benefits with a value (including VAT) in excess of £50 to any employees/Directors during the tax year then they are not classed as ‘tax exempt trivial benefits’ and will need to be treated as a benefit on the employee/Director. If you don’t want your employee or the Director to pay tax on the benefit there is an alternative option -the business could pay the tax and NICs on the grossed up gift/benefit by entering into a PAYE Settlement Agreement (PSA) with HMRC and we can discuss this with you if it applies.

The deadline for filing the P11Ds and also setting up and providing PSA calculations with HMRC is 6 July 2024 so please get in touch asap for advice or to discuss the information we will require to prepare these forms.

updates to statutory payroll rights

Recent updates to statutory payroll rights

It’s been a busy time for payroll updates and reviews of policies. Here are some reminders of a few of them:

Holidays and Extended leave – updated additional content on the January 2024 changes to the Working Time Regulations 1998, calculating holiday pay for irregular and part year workers and rolled up holiday pay.

Unfair dismissal – including the revised draft code of practice on fire and re-hire .

Carers leave – The new law Carer’s Leave Act 2023 came into effect on 6 April 2024.  Anyone who is legally classed as an employee can take time off to help a dependant who needs long term care.

Flexible and hybrid working – this has been fully reviewed and expanded with additional content on 6 April.

Paternity rights –  This has been fully reviewed and updated from 6 April, including new and updated policies, letters, forms and checklists

VAT Inspections

New guidance on commuting expenses for hybrid workers

Very often we have to advise clients that you can’t claim tax relief for the expenses associated with travelling to your usual place of work.  However, what is the position if you’re a “hybrid” worker?

There are over 50 examples published by HRMC as the rules surrounding this are complex. As a general rule, there is no tax relief for the cost of a journey which is ordinary commuting private travel. Ordinary travel means travel to and from a permanent workplace.

The guidance for hybrid workers has been updated. This puts beyond doubt that journeys from home to a base office will be ordinary commuting. Therefore, tax relief is not available for such costs. Note that the situation is different if the homeworking arrangements are not voluntary. 

Jo studio

Recent Companies House price increases

For those of you who run a Limited Company or Limited Liability Partnership you may be aware of recent Companies House price increases from 1st May 2024.

For example:

  • Basic company formation from £12 to £50
  • Confirmation Statements from £13 to £34
  • Company name changes from £8 to £20

This month’s Clear Vision positive thought:
What you do makes a difference. You have to decide what kind of difference you want to make

For more information about any of the above, including updates to statutory payroll rights or guidance on commuting expenses, please get in touch.