Upcoming changes to VAT penalties and interest charges!
HMRC has released an important update today (more detailed guidance will be released in December 2022), and this update will concern every taxpayer. From 1 January 2023 the default surcharge will be replaced by a new penalty if you delay filing your VAT return or...
‘Please do something, my financial affairs are in a tangle.’
“My company has never been hit this hard since its inception, as you can see. I think about it every day, ever since prices went up. It’s suddenly half of my company’s expenses and we’re trying to squeeze profits but it still can’t...
Have you received an allowance of up to 4,000 pounds?
The last article mentioned that the UK inflation rate has reached a new high , and the cost of living and prices have become a headache for people. In fact, in addition to our own response to rising prices by reducing our daily spending, the government has...
UK inheritance tax ranks among the most hated taxes!
Inheritance tax has been ranked as the top three most hated taxes in the UK for the past decade, and remains firmly in second place. In addition, Stamp Duty Land Tax (SDLT) came in third, while Council Tax was awarded the number one spot. Respondents to the survey of...