by James Hellyer | Aug 13, 2024 | VAT
The following notes are copied from draft legislation published by HMRC, to be included in the Finance Bill 2024-25. As of 1 January 2025, all education services and vocational training supplied by a private school, or a “connected person”, for a charge will be...
by James Hellyer | May 13, 2024 | Corporation Tax, Dividends, Income Tax, VAT
Death and taxes are certainties of life, according to Benjamin Franklin, and if you are in business, you should be aware which taxes you are liable to pay. Our mantra is – by understanding the taxes that your business is required to pay – you can plan and...
by James Hellyer | Apr 29, 2024 | Changes in legislation, Charities, VAT
The Treasury have issued details of a new VAT relief that is aimed at boosting the value of items donated to charities. It will consult on introducing a UK-wide VAT relief for a range of low value household goods which businesses donate to charities to give away free...
by James Hellyer | Apr 9, 2024 | VAT
In a recent press release, HMRC underlined the benefits to smaller businesses from the increase in the VAT registration threshold and the business rates freeze. Here’s what they said: “Small businesses have received a boost as the VAT registration threshold is raised...
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