Raise VAT threshold to £100,000, says FSB
The government should raise the turnover threshold for VAT from £85,000 to £100,000, according to the Federation of Small Businesses (FSB).
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Tax
HMRC sends warning to cryptoasset users
As the use of cryptoassets continues to grow HMRC is warning people to check if they need to complete a self assessment tax return for the 2022/23 tax year to avoid potential penalties.
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Self Assessment Time to Pay Arrangements
As the deadline to submit a Self Assessment tax returns looms, nearly 44,800 people have sorted their tax bills by setting up a payment plan.
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National Insurance changes ‘ease burden on strivers’
The changes to NI contributions announced in the Autumn Statement will help to ‘ease the burden on strivers up and down the country’
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Government agrees to crack down on crypto tax evasion
The UK government has agreed an ‘historic’ commitment with 48 countries to combat criminals using crypto assets to evade tax.
Government agrees to crack down on crypto tax evasion Read More »
Another million savers to be hit with tax on interest
The frozen Savings Allowance combined with rising interest rates will push over one million taxpayers into paying tax on their savings this tax year, according to research by investment platform AJ Bell.
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