Making Tax Digital (MTD) for VAT Making Tax Digital for VAT requires VAT registered business with a taxable turnover above the VAT registration threshold (currently £85,000) to keep digital VAT business records... Read more
Do I Have to Register for VAT VAT is one of the things all businesses need to be aware of. It’s important, for example, to understand what the VAT threshold is and when you need to register for VAT. It’s... Read more
Tax Return: Who Needs to Complete The tax year in UK is from 6 April to 5 April the following year. Self Assessment is a system HM Revenue and Customs (HMRC) uses to collect Income Tax. Tax is usually deducted automatically... Read more
National Insurance: What I am Paying for? National Insurance (NI) in the United Kingdom is a system of contributions paid by workers and employers to qualify for certain benefits. The national insurance scheme is administered... Read more

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