Beth Cooperwhite

In a bid to simplify tax procedures, HMRC has expanded the Making Tax Digital (MTD) initiative, focusing on individuals earning over £30,000. This primarily affects landlords and sole traders, who now need to manage digital records and submit quarterly statements....

Key Point: In April, the VAT threshold will increase by £5,000 to £90,000, as announced by Chancellor Jeremry Hunt in the Spring Budget on March 6, 2024. Learn the ins and outs of managing your business near the £85,000 VAT threshold. This article provides insights,...