Posted in Income Tax
The Blind Person’s Allowance is an extra amount of tax-free allowance made available to those who are eligible. The allowance for the current 2019-20 tax year is £2,450. If both spouses / civil partners are eligible, they will both get an
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Important changes to the VAT rules for building contractors and sub-contractors are coming into effect from 1 October 2019. In a nut-shell, if you are subject to the Construction Industry Scheme (CIS) and if you are registered for VAT, from the 1
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A compulsory VAT deregistration is usually required if you:
Stop making taxable supplies
Sell your business
Change legal status
Disband a VAT group
Join a VAT group
Join the agricultural flat rate scheme
A voluntary VAT deregistration can
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The dividend tax allowance was introduced in April 2016. It replaced the old dividend tax credit with an annual £5,000 dividend allowance with tax payable on dividends received over this amount. The tax-free dividend allowance was reduced to
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