Making Tax Digital for Income Tax Self Assessment is planned to happen from April 2026 for sole traders and landlords which will quarterly submissions of accounts information to HMRC. This has been on the cards for several years now and has been cont…
Anyone in business, whether sole trader, partner or limited company, must register for VAT when their taxable turnover reaches
As an employer you are responsible for ensuring your employees are paid at least the National Minimum Wage. The rates of pay have increased from 6 April 2024 and are shown below.
As a VAT registered business you must provide a valid VAT invoice to your customer (or a till receipt with your VAT number).
As soon as you become VAT registered you need to find out when your first VAT return is due and the period which it covers.
