So, you've been slogging away in the construction industry, dealing with the usual financial headaches, and someone mentions "Gross Payment Status" (GPS) under the Construction Industry Scheme (CIS). Sounds like... Read More
Author: Abigail
For businesses operating within the United Kingdom, registering for Value Added Tax (VAT) is a crucial step once they surpass the mandatory threshold of £90,000 in taxable turnover within a... Read More
Value-Added Tax (VAT) is a consumption tax levied on the value added to goods and services in the UK. As of April 2024, the VAT registration threshold has been increased... Read More
In the context of UK taxation, 'disregarded income' refers to certain types of income that non-residents can choose to exclude from their taxable income under specific circumstances. This concept is... Read More
The perceived high self-assessment tax rate in the UK for the 2024 tax year can be attributed to a variety of factors. This part of the article explores the current... Read More
Contractors Combined Insurance in the UK provides a comprehensive insurance solution designed to meet the varied needs of contractors and construction-related businesses. This type of insurance bundles together several different... Read More
The term Cryptocurrency should not be new to us. Cryptocurrencies like Bitcoin may have been around for a few years, but when it comes to investing, they always appear... Read More
Being a contractor in the UK offers a lot of freedoms, but it also comes with its own set of financial responsibilities, one of which is taxation. While the tax... Read More
The national food strategy includes a newly extended tax on sugar and salt. The UK could impose a new £ 3 billion tax on sugar and salt as part of... Read More
The national food strategy includes a newly extended tax on sugar and salt. The UK could impose a new £ 3 billion tax on sugar and salt as part of... Read More