by Darren Fagan | 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 Darren Fagan | 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...