The prospect of becoming VAT registered can often be viewed as a daunting process by many people. This article gives a brief introduction of some of the rules surrounding a pre-registration claim.
The Government’s new scheme for ‘Making Tax Digital’. This is a new scheme to make it easier for businesses and people to stay on top of their tax affairs and decrease the amount of errors whilst calculating tax returns.
Personal allowance to rise to 11,500 from April 2017. This means that we all would have around £112 per year more in our pocket compared to 2016/17 along with this, the higher tax bracket will rise from £43,000 to £45,000 in April 2017.