If you’re a retailer that sells goods or services online, you need to be able to offer your customers an easy, fast and secure way to pay. Today’s consumers are…
During the 2022/23 fiscal year, the tax burden—which refers to the UK’s tax revenue as a percentage of gross domestic product (GDP)—was the highest it’s been since 1949, hitting 36.3%.…
Announced in the spring budget and brought into effect from 1st April 2024, the VAT (Value Added Tax) registration threshold has been raised from £85,000 to £90,000. This represents the…
You’ve had a great idea for a product or service, thought of a great business name and brand, and worked out how you can take it to market—but now you…
If you’re a business that works with social media influencers for help with promoting your products, you may have been issued with a VAT assessment last year. Following increased scrutiny…
During the 2023 Autumn Statement, Chancellor Jeremy Hunt announced that the National Living Wage would increase from April 2024. This increase will affect nearly 3 million workers, who will receive…
In the ever-evolving landscape of online commerce, sellers on platforms like eBay, Etsy, and Vinted are facing new challenges and opportunities, particularly when it comes to taxation. Recent developments shed…
On Wednesday (22nd November 2023) the Chancellor of the Exchequer Jeremy Hunt delivered what could very well be the final budget ahead of the next General Election—but what does it…
In a move that will bring relief to thousands of small businesses up and down the United Kingdom, the Government is set to unveil measures to tackle late payments. According…