As a business owner you may be looking at ways to extract funds from your business. Company cars used to be a common method of doing that but over recent years the tax charged has made them unattractive. But that is changing if you are happy to have an electric car. What is a company …
The Chancellor of the Exchequer, Rishi Sunak, delivered his Spring Statement on Wednesday 23 March 2022. To find out how these announcements will impact you and your business in a simple easy to understand way, check out our updates. National insurance contribution (NICs) increases National insurance contributions paid by employees, employers and the self-employed are …
What is VAT? Value added tax is a general tax that applies to all commercial activities involving the production and distribution of goods and/or provision of services. VAT is a tax on consumer expenditure and is collected on business transactions, imports and acquisitions. Most business transactions involve supplies of goods or services. VAT is payable …
Guide to Value Added Tax for Businesses | VAT Explained Read More »
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