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Get Ready for Making Tax Digital for VAT/ 13th March

Well if you're reading this post then you are doing better than thousands of other business owners out there  Statistics from professional institutes indicate that 45% of businesses still don't know what Making Tax Digital is or how it applies to... more

  • What the Budget Actually Means For You and Your Business Without the Politics!/ 30th October

    What it means to YOU For individuals, the amount you can earn tax free will increase to £12,500 from 6th April 2019.  This is your Personal Allowance and should be fully utilised wherever possible. In addition, the level at which you pay 40% tax is increasing. So from 6th April 2019, you can earn £50k before paying higher rate tax.  You may therefore want to defer some of your income to the next tax year. The amount that you can gain from the sale of capital assets without paying tax will also increase to £12,000.  This is your Capital Gains Tax Exemption.  This is relevant