#autumnstatement2023
- Class 2 NICs abolished
- Cuts to Class 1 & 4 NICs
- Full expensing made permanent
- Rise in National Living Wage
- Simplified tax digitalization for small businesses!
#UKBusiness #TaxReform #SmallBizGrowth
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The HMRC recently changed the assessment process for late VAT returns. Filing your VAT returns after the deadline will now result in different penalties. Learn more about these changes and how they will affect you #HMRC #VAT
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Timing of Equipment Purchase and #SuperDeduction: 130% ends 31 Mar '23. Delay purchases for higher tax relief at 26.5% profits. #SuperDeduction #TaxRelief
Changes to company car tax rates in the UK are set to take effect in April 2025. Lower emissions = lower tax rates. This is a step towards more sustainable company car fleets. togetheraccounting.co.uk/blo…
#companycartax #electricvehicles #sustainability #netzeroemissio
The taxman has postponed the introduction of Making Tax Digital for Income Tax, which was originally slated for April 2024, to 2026. #mtd #makingtaxdigital
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Step 10: Look for investors. Start pitching your idea to potential investors and secure the funds that you need to grow your business.
In recent years there has been a buzz around #cryptocurrency which has become impossible to ignore. From initially being regarded as a niche product & high risk, crypto has gradually edged its way onto centre stage, in our article we talk about #taxation
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From April 2024, all sole traders, #businesses and #landlords with incomes greater than £10,000 per year must operate with the new rules of #MakingTaxDigital #MTD
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#Vehicletax is now dependent on CO2 emissions. Pure #electriccars with no tail emissions won't pay road tax. These cars will be charged £350 per year for the first five years, saving £150 annually compared to diesel/gas vehicles. togetheraccounting.co.uk/blo…
The 31st of October is not only Halloween, but it's also the last day of filing #CorporationTaxReturns by companies with the 31st of October as year-end, and the deadline for postal submission to the #HMRC of #SelfAssessmentTaxReturns for the tax year until the 5th April 2022.




