When do I need to register for VAT?
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
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…
Date posted: 8th Feb 2023
The dividend allowance is available in addition to the personal allowance. It allows all taxpayers regardless of the rate at which they pay tax to receive dividends up…
Date posted: 8th Feb 2023
The 31 January 2023 deadline has passed – if you did not manage to submit your 2021/22 Tax Return by the deadline, then HMRC will issue an automatic…
