Five minutes to understand the UK plastic packaging tax (PPT)
The new tax on plastic packaging in the United Kingdom (UK) came into effect in April 2022. This is the UK government’s bid to crack down on the use of single-use plastics. This is a new tax to encourage greater reliance on recycled plastic. The tax will apply...
“Should the self-employed be registered for VAT?”
As a self-employed person, managing your tax liability can be especially tricky. You don’t have the support of an in-house finance team. It’s hard to navigate all these complex regulations on your own. Value added tax (VAT) is a particularly complex issue....
You have an R&D tax credit pending
The Research and Development (R&D) tax credit is designed to encourage innovation and increase expenditure on R&D activities by companies operating in the UK. It is one of the UK Government’s top incentives for investment in R&D, allowing companies...
