by admin | Dec 20, 2023 | Uncategorized
There are special rules to ensure that goods sent from abroad are taxed appropriately and to ensure that UK businesses supplying goods in the UK – for example by having to compete with VAT free imports – are not disadvantaged. This includes goods...
by admin | Dec 19, 2023 | Uncategorized
As Christmas arrives the week before the calendar year-end, many of us will enjoy a week’s shut down and have time to relax and enjoy the break with our family and friends. The break also gives us time to consider our plans, personal and business, for the coming...
by admin | Dec 19, 2023 | Uncategorized
There are two ways to consider the effects or benefits of business and personal expenditure. The payment of rates or utility costs are an essential part of our daily expenditure, but it would be difficult to view them as an investment. Whereas the cost of...
by admin | Dec 14, 2023 | Uncategorized
A reminder that the main rate of Class 1 Employee National Insurance contributions (NIC) will be reduced from 6 January 2024. This change will see Class 1 NICs reduced by 2% from 12% to 10% in a change set to benefit some 27 million employees. This reduction will only...
by admin | Dec 14, 2023 | Uncategorized
The annual exempt amount applicable to Capital Gains Tax (CGT) is to be halved from April 2024. This means that the exempt amount will be reduced from £6,000 currently, to £3,000 from April 2024. The exempt amount was as high as £12,300 2022-23....