December 2024

As with previous years we are donating money rather than sending Christmas cards.

This year we are supporting SNUG, a charity which ensures that all new families who have had a difficult start to parenthood have access to the support and resources they need.

Please note that our offices will close at 12.30pm on Tuesday 24 December 2024 and reopen at 9am on Thursday 2 January 2025. We wish you a very Merry Christmas and a prosperous New Year from all at Peplows.  

Below is our last round-up of the tax and business news from 2024. Please contact us if you want to talk about how these updates affect you or your business. We are here to support you!

Important update for Xero users

Salary vs dividends: The best way to extract profit in 2025/26

New Fair Payments Code launched

New reporting requirements for online platforms

South Western Railway: The first railway service to be renationalised

Are you employing seasonal winter staff?

Protecting charities: New guidance on fraud and cyber crime

Be wary of Self Assessment scams

Get Britain Working White Paper: Reforms to employment support announced

New Homebuilding Skills Hubs to try and address UK construction challenges

Business rates reforms continue: What it means for you

New “failure to prevent fraud” offence for large organisations

Reduction in HMRC late payment interest rates

Make Work Pay: What are the next steps

Employer banned for hiring six illegal workers: A reminder to check right-to-work status

ICO guidance on using AI for recruitment

National Minimum Wage increases for April 2025 announced

Employers now required to take “reasonable steps” to prevent sexual harassment

Devon and Cornwall farmers warned about heavier rainfall