Changes to VAT penalties and interest from 01 January 2023

National insurance threshold rises The level at which people start paying national insurance rose from £9,880 to £12,570 from 6 July.According to the government, 30 million people across the UK will benefit from this tax cut. It says the increase will lift 2.2 million people out of paying any personal tax.The threshold change means that…

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New VAT penalty regime and other VAT news

National insurance threshold rises The level at which people start paying national insurance rose from £9,880 to £12,570 from 6 July.According to the government, 30 million people across the UK will benefit from this tax cut. It says the increase will lift 2.2 million people out of paying any personal tax.The threshold change means that…

1.25% increase to NIC and dividend tax rates 

National insurance threshold rises The level at which people start paying national insurance rose from £9,880 to £12,570 from 6 July.According to the government, 30 million people across the UK will benefit from this tax cut. It says the increase will lift 2.2 million people out of paying any personal tax.The threshold change means that…

Budget 2021

National insurance threshold rises The level at which people start paying national insurance rose from £9,880 to £12,570 from 6 July.According to the government, 30 million people across the UK will benefit from this tax cut. It says the increase will lift 2.2 million people out of paying any personal tax.The threshold change means that…

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Update on Government schemes in response to COVID-19

National insurance threshold rises The level at which people start paying national insurance rose from £9,880 to £12,570 from 6 July.According to the government, 30 million people across the UK will benefit from this tax cut. It says the increase will lift 2.2 million people out of paying any personal tax.The threshold change means that…

Dividend 2017/18 and 2018/19

National insurance threshold rises The level at which people start paying national insurance rose from £9,880 to £12,570 from 6 July.According to the government, 30 million people across the UK will benefit from this tax cut. It says the increase will lift 2.2 million people out of paying any personal tax.The threshold change means that…

Autumn Budget 2017

National insurance threshold rises The level at which people start paying national insurance rose from £9,880 to £12,570 from 6 July.According to the government, 30 million people across the UK will benefit from this tax cut. It says the increase will lift 2.2 million people out of paying any personal tax.The threshold change means that…

Changes to flat-rate VAT in more detail with examples

National insurance threshold rises The level at which people start paying national insurance rose from £9,880 to £12,570 from 6 July.According to the government, 30 million people across the UK will benefit from this tax cut. It says the increase will lift 2.2 million people out of paying any personal tax.The threshold change means that…