2023 – business tax changes to look out for
Date posted: 9th Feb 2023
NEW VAT PENALTY REGIME A new, and arguably fairer, system for determining penalties for late returns and late payment of VAT applies to return periods commencing on or…
Date posted: 9th Feb 2023
NEW VAT PENALTY REGIME A new, and arguably fairer, system for determining penalties for late returns and late payment of VAT applies to return periods commencing on or…
Date posted: 9th Feb 2023
I’m Caroline, recruitment and training advisor and have been in this role for just over a year. National Apprenticeship week highlights just how important apprenticeships are for businesses,…
Date posted: 9th Feb 2023
The turnover threshold, that governs whether businesses should register for VAT, is currently £85,000. At the 2022 Autumn Statement, it was confirmed that the threshold would remain at…
Date posted: 9th Feb 2023
At the moment, you need to have 35 years’ worth of national insurance credits to obtain a full state pension. The 35 years can be made up of…
Date posted: 9th Feb 2023
As well as a mechanism for collecting revenue, the tax system is also used to encourage certain behaviours and discourage others. One example where this is evident is…
Date posted: 9th Feb 2023
The trading allowance enables an individual to earn up to £1,000 from self-employment, the provision of casual services (such as gardening or babysitting) or from hiring out personal…
Date posted: 9th Feb 2023
If used correctly, dividend waivers can be an effective planning tool, particularly where one shareholder is a higher-rate or additional rate taxpayer and others are not. However, several…
Date posted: 8th Feb 2023
Limited liability partnerships (LLPs) are a relatively new type of business structure that came into being following the financial crisis of the late 1980s, and early 1990s. In…
Date posted: 8th Feb 2023
Many residential landlords purchase their investment properties with the aid of a mortgage. In the current climate of rising interest rates, landlords may be wondering whether any tax…
Date posted: 8th Feb 2023
A gain on the sale of an investment property, such as a buy-to-let or second home, will be liable to capital gains tax to the extent that it…
