by admin | Jan 4, 2024 | Uncategorized
If using the VAT Flat Rate scheme, businesses pay VAT as a fixed percentage of their VAT inclusive turnover. The actual percentage used depends on the type of business. The scheme has been designed to simplify the way a business accounts for VAT and reduce the...
by admin | Jan 4, 2024 | Uncategorized
Scotland’s Deputy First Minister and Finance Secretary, Shona Robison delivered her first Budget statement to the Scottish parliament on 19 December 2023. The Finance Secretary said that the ‘Managing the cumulative impacts of the UK Government’s...
by admin | Jan 4, 2024 | Uncategorized
The Welsh draft Budget for 2024-25 was published on 19 December 2023. The Budget sets out the Welsh government’s revenue and capital spending proposals, including detailed portfolio spending plans. There have been no changes announced to the Welsh rates of...
by admin | Jan 2, 2024 | Uncategorized
If your employer has reimbursed you in full for any work related expenses you will obviously be unable to make a claim for tax relief for those same expenses. But if you have only received part of your expenses or none at all, then you can make a claim to HMRC. In a...
by admin | Jan 2, 2024 | Uncategorized
The government Valuation Office Agency have issued the following warning to business owners who may have received unprompted approaches by an agent offering to negotiate a reduction in their business rates bill. The Valuation Office Agency (VOA) is urging businesses...
