How the New VAT Checks to CIS Subcontractors Will Work
The new VAT checks to CIS subcontractors will come into effect on 6 April 2024.
Should the self-employed leave the VAT Flat Rate Scheme?
The VAT Flat Rate Scheme is a simplified scheme for smaller businesses, but it may not be the best option for all self-employed people.
Useful dates for the diary for freelancers & small business owners in the UK
As a freelancer or small business owner in the UK, there are a number of important dates that you need to be aware of throughout the year.
The Chancellor's Big Day: Here's Everything Small Businesses and Freelancers Need to Know About the Next Announcement
The Chancellor's speech is just around the bend, Small businesses and freelancers, attend.
Listen close to his words, And don't get caught off guard, Or your budgets may need to mend.
Self-serve Time to Pay for VAT
The facility to set up a Time to Pay arrangement has now been extended to VAT-registered businesses.
What is VAT?
VAT stands for Value Added Tax. It is a tax on goods and services sold in the UK.
New VAT Penalty Regime: What You Need to Know About Late Submission Penalties
A new penalty regime for VAT was introduced on 1 January 2023, comprising late submission penalties and late payment penalties.
VAT registration number delay announced
HMRC are currently taking an inordinately long time to issue VAT registration numbers.
The new rules on VAT penalties
The VAT default surcharge is being replaced with a new VAT penalty and interest regime.