Most business owners already know the threshold for compulsory VAT registration is a taxable annual turnover of £85,000 - but there is often confusion over exactly what counts towards this figure, and how and when a business should register.
The ‘off-payroll’ working rules have been proposed to be extended to the private sector from April 2020, according to the draft Finance Bill issued earlier this year in July.
We all know how important it is to plan for retirement these days - and since the introduction of automatic enrolment, most people in employment are slowly but surely building their nest egg.
By now you’ve probably heard a number of terms floating around in the news and finance sector; open banking, PSD2, and the fact that the way your financial data is controlled and processed is changing across the finance industry.
Britain is due to leave the EU on 31 October 2019, “no ifs or buts” according to Boris Johnson. So how will a no deal Brexit affect UK businesses that are trading with countries in the EU?
You might have read that new procedures were expected to be introduced on 1 October 2019, which affect any VAT-registered construction business that does the following: