Insights

The Labour government's plan to impose a 20% VAT charge on private school fees in the UK will be effective from January…

Rachel Reeves the new UK Chancellor, has confirmed she will be presenting her first budget on 30 October 2024, marking the first…

The fees to attend a private school are on average £15,200 per annum and records show that approximately 620,000 children currently attend…

We’re gifting tax tips this festive season! Or at least, handy reminders of some of this year’s best tax blogs. To wrap…

As every business owner should know, never underestimate the potential impact of cashflow. Sound businesses have fallen victim to the implications of…

Previously, some smaller SME businesses with annual sales of less than £150,000 have found the flat rate VAT scheme beneficial and regarded…

Data obtained by the Financial Times relating to small business revenues appears to show a trend for business owners to stall growth…

Some new VAT late filing and payment penalties and new VAT interest charges are being introduced very soon. The changes will affect…

The level of power wielded by HMRC to obtain information from third parties has increased very significantly in recent years. Banks, estate…