by Lesstax2pay | Oct 25, 2024 | Business, Tax News
As October 30 approaches, small businesses across the UK are bracing for Labour’s much-anticipated budget, which is expected to reshape the economic landscape. After Labour’s recent election victory, this first major financial plan will reveal how the new government...
by Lesstax2pay | Sep 13, 2024 | Tax News
Understanding the Let Property Campaign: A Guide for Landlords Introduction Hey there! If you’re a landlord or thinking about becoming one, you might have heard some buzz around the Let Property Campaign. But what’s it really all about? Let’s chat about this...
by Lesstax2pay | Jan 3, 2023 | Tax News
The VAT penalty regime for late returns and late payments has always been tied together which meant the surcharge amounts would rise significantly and very quickly. From 1st January 2023 – HMRC have changed the penalty regime to separate the 2 events completely....
by Lesstax2pay | Apr 22, 2022 | Business, Tax News
Please find below the updated Thresholds and Rates for 2022/23 these come into effect from 6th April 2022 and will update in July 2022 Tax thresholds, rates and codes The amount of Income Tax you deduct from your employees depends on their tax code and how much of...
by Lesstax2pay | Nov 27, 2019 | Business, Tax News
Question: My client ran his decorating business for three years as a sole trader and is now going to incorporate. As a sole trader his turnover never quite reached the registration threshold but he will VAT register when he incorporates as a lot of his customers are...
by Lesstax2pay | Mar 20, 2019 | Tax News
Please find below the updated Thresholds and Rates for 2019/20 these come into effect from 6th April 2019Tax thresholds, rates and codesThe amount of Income Tax you deduct from your employees depends on their tax code and how much of their taxable income is above...