Changes to VAT penalties and interest from 01 January 2023

Pensions income needed to retire rises The amount needed for a single person to have a moderate retirement has risen to £31,300, according to the Pensions and Lifetime Savings Association (PLSA).The rising cost of living and an increased importance on socialising following the pandemic had pushed up the income required by £8,000, the PLSA said.The…

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New VAT penalty regime and other VAT news

Pensions income needed to retire rises The amount needed for a single person to have a moderate retirement has risen to £31,300, according to the Pensions and Lifetime Savings Association (PLSA).The rising cost of living and an increased importance on socialising following the pandemic had pushed up the income required by £8,000, the PLSA said.The…

1.25% increase to NIC and dividend tax rates 

Pensions income needed to retire rises The amount needed for a single person to have a moderate retirement has risen to £31,300, according to the Pensions and Lifetime Savings Association (PLSA).The rising cost of living and an increased importance on socialising following the pandemic had pushed up the income required by £8,000, the PLSA said.The…

Budget 2021

Pensions income needed to retire rises The amount needed for a single person to have a moderate retirement has risen to £31,300, according to the Pensions and Lifetime Savings Association (PLSA).The rising cost of living and an increased importance on socialising following the pandemic had pushed up the income required by £8,000, the PLSA said.The…

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Update on Government schemes in response to COVID-19

Pensions income needed to retire rises The amount needed for a single person to have a moderate retirement has risen to £31,300, according to the Pensions and Lifetime Savings Association (PLSA).The rising cost of living and an increased importance on socialising following the pandemic had pushed up the income required by £8,000, the PLSA said.The…

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COVID-19 Government schemes to help

Pensions income needed to retire rises The amount needed for a single person to have a moderate retirement has risen to £31,300, according to the Pensions and Lifetime Savings Association (PLSA).The rising cost of living and an increased importance on socialising following the pandemic had pushed up the income required by £8,000, the PLSA said.The…

Dividend 2017/18 and 2018/19

Pensions income needed to retire rises The amount needed for a single person to have a moderate retirement has risen to £31,300, according to the Pensions and Lifetime Savings Association (PLSA).The rising cost of living and an increased importance on socialising following the pandemic had pushed up the income required by £8,000, the PLSA said.The…

Autumn Budget 2017

Pensions income needed to retire rises The amount needed for a single person to have a moderate retirement has risen to £31,300, according to the Pensions and Lifetime Savings Association (PLSA).The rising cost of living and an increased importance on socialising following the pandemic had pushed up the income required by £8,000, the PLSA said.The…

Changes to flat-rate VAT in more detail with examples

Pensions income needed to retire rises The amount needed for a single person to have a moderate retirement has risen to £31,300, according to the Pensions and Lifetime Savings Association (PLSA).The rising cost of living and an increased importance on socialising following the pandemic had pushed up the income required by £8,000, the PLSA said.The…