Mar 30, 2022 | FAQ, Information, News, Tax, Vault
The new tax year on April 6 is accelerating quickly towards us, and now is the time to make sure that any last-minute allowances you may not have made the most of in the 2021/22 tax year are mopped up. There are plenty of allowances that have a time limit on each tax...
Nov 8, 2021 | Expenses, Vault
In the UK, if you are making taxable supplies and your turnover exceeds £85,000, you must register for VAT. In certain circumstances, even if your turnover has not exceeded the threshold, you can voluntarily register for VAT. From April 2019, most businesses (there...
Jun 26, 2021 | FAQ, HMRC, UTR, Vault
What is a UTR? A UTR is a 10-digit number Unique Taxpayer Reference. You will automatically be sent it when you: register for Self Assessment set up a limited company Where do I find my UTR? Your UTR will be on previous tax returns and any other documents received...
Jun 26, 2021 | FAQ, VAT, Vault
What to do if you have lost your VAT registration certificate. In order to register for Making Tax Digital (MTD) or to authorise your accountant to file your VAT returns for you you will need to know your Effective Date of Registration for VAT. Whilst this can...
Mar 25, 2021 | Information, Vault
What is it? Under the coronavirus Job Retention Scheme, all UK employers with a PAYE scheme will be able to access support to continue paying part of their employees’ salary for those that would otherwise have been laid off during this crisis. This applies to...
