The 2022 Autumn Statement is one where a lot of our tax rates have remained unchanged, and yet we will likely end up paying more
Businesses can use the flat rate scheme to simplify their VAT calculations. It can also save them money by reducing the amount of tax payable to HMRC.
The Autumn 2021 budget did not give us many surprises. There were no significant changes to income tax rates. Instead, we were presented with extensions
The reduced VAT rate of 5% for the hospitality industry is due to end on 30 September 2021. It’s time for businesses to consider how this will impact their trade.
To prepare, we recommend that our clients: review their prices; prepare till systems for the change; save for their VAT bill; constantly monitor their business’ performance.
Business owners have taxes to pay throughout the year. For some, paying on time is not always possible.
To avoid facing interest and penalties for overdue payments, taxpayers should know the deadlines, plan ahead and take action as early as possible.
Times are tough for UK business. You may be reading this because your business is having a hard time. But what can you do? I’m going to explain the benefits of getting help from someone on the outside, like an accountant, and the value of using experienced professionals.