Income Tax Thresholds Frozen until 2028

Income Tax Thresholds Frozen until 2028

Since the release of the Spring Budget 2023, there has been extensive online discussion about the stealth tax increases resulting from the tax threshold freeze. Concerns have been raised regarding the rise in minimum wage standards coupled with the freeze in tax...
Demystifying VAT for SMEs in the UK

Demystifying VAT for SMEs in the UK

If you operate a small or medium-sized enterprise in the UK, you may need to pay attention to Value Added Tax (VAT) issues. Most of our clients are concerned about whether VAT registration will cause more trouble for their businesses. Our accounting team provides...