by Luke Stringer | Feb 10, 2022 | businessnews, Running your Business
From April 6 2022 to April 5 2023, National Insurance contributions (NICs) will increase by 1.25% for both Employee and Employer contributions. Known as the Health and Social Care Levy, this money will be spent on the NHS, health and social care in the UK. This...
by Luke Stringer | Jan 20, 2022 | businessnews, Running your Business
Now the 1st Jan has been and gone, in accordance with the new Making Tax Digital (MTD) requirements, if you’ve registered your company for VAT because your company is over the VAT threshold of a taxable turnover of over £85,000, or even if you have voluntarily...
by Luke Stringer | Dec 7, 2021 | businessnews
The government will introduce making tax digital to businesses to help reduce the time taken to complete admin, allowing small businesses to focus on their customers, innovation and growth. Who will these changes affect? Businesses that have a taxable turnover...
by Luke Stringer | Sep 7, 2021 | businessnews, Running your Business
The Prime Minister has confirmed to raise national insurance contributions by 1.25% to help fund the NHS and an overhaul of social care, but what could this mean for business owners? National insurance for sole traders and partnerships business owners If...