The Most Important Changes To This Year’s Personal Tax
Tax season is a stressful time that often leaves one wanting to put their head in the sand. So much paperwork, looming deadlines and the constant changes and confusion surrounding doing your taxes are enough to scare anyone off, however, it is a necessary evil. Knowledge is power, so we have put together a list […]
VAT – will your business benefit from the Flat Rate Scheme?
As an SME, whether you are self employed or a limited company, if your turnover becomes above £82,000 (£81,000 2015) then you are obliged to register for VAT. You are therefore obliged to charge VAT on your sales, at the going rate, currently 20%, and claim VAT on your expenses accordingly. At the end of […]
