For most businesses, when your turnover exceeds a certain level you must register for VAT and charge VAT on all your sales. Certain businesses are exempt and therefore do not need to register. If [...]
From 1 April 2017 HMRC introduced changes to the flat VAT rate scheme. The flat rate scheme was introduced to reduce the administrative burden of small businesses. Under the scheme the business [...]
On 29 October 2018 the Chancellor presented the Autumn 2018 budget. Businesses Annual Investment Allowance (AIA) The Annual Investment Allowance (AIA) provides 100% tax relief on certain capital [...]