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A new penalty regime for VAT was introduced on 1 January 2023, comprising late submission penalties and late payment penalties.

Dividends are a great way to extract profits from your personal or family company, but

As an employee, you've probably had to incur expenses while on the job, such as travel

To encourage employers to employ armed forces veterans, a new relief was introduced with effect from 6 April 2021 where an employer took on an armed forces veteran in the first year of their first civilian employment since leaving the armed forces.

In his March Budget, the Chancellor announced a number of changes to the pension tax rules,

Cryptocurrency is a complicated concept and the following text gives

The pandemic changed the way in which many people worked,

Trivial benefits have their own tax exemption, which if used wisely can be used to treat employees.

A popular profit extraction strategy is to pay a small salary and to extract further profits as dividends.

From 6 April 2023, the dividend allowance is to fall to £1,000.