New VAT thresholds – When must you register and when can you deregister?
The VAT registration threshold rose from £85,000 to £90,000 from 1 April 2024. The deregistration threshold increased from £83,000 to £88,000 from the same date. …
The VAT registration threshold rose from £85,000 to £90,000 from 1 April 2024. The deregistration threshold increased from £83,000 to £88,000 from the same date. …
Many people earn small amounts of money from self-employment, often as a side hustle. For example, this may be from craft or baking activities, tuition …
If you run your business as a personal or family company, you will need to extract your profits in order to use them personally outside …
In the dynamic landscape of construction accounting, optimising final accounts is essential for the success and sustainability of your projects. With meticulous attention to detail and strategic planning, you can streamline your accounting processes and maximise profitability.
Business rates, rather than council tax, are payable on non-domestic properties. The rates are worked out by applying the relevant multiplier to the property’s rateable …
As announced at the time of the Spring Budget, multiple dwellings relief for stamp duty land tax (SDLT) is to be abolished from 1 June …
For capital gains tax purposes, residential property gains have their own, harsher, rules. Not only is taxed charged at a higher rate, but taxpayers also …
Since the start of COVID-19 in March 2020, the number of people working from home in the UK has dramatically increased. As of January 2023, …
To be allowable as a tax deduction whether under the corporation tax or income tax rules, most expenses must be incurred ‘wholly and exclusively for …
VAT can be confusing at the best of times, with the reverse charge being arguably one of the more complex applications. It does not help …
A sole trader or proprietor of an unincorporated business may incur training costs. The tax treatment of those costs depends on whether the costs are …
The High-Income Child Benefit Charge (HICBC) is a tax charge that operates to claw back child benefit where the claimant and/or their partner have adjusted …