If you’re a sole trader, you might be wondering whether you need to register for VAT (Value Added Tax) or if you should just skip it altogether. Let’s break down the basics of VAT registration so you can decide whether it’s the right move for you. What is VAT Anyway? 💼 VAT is a tax … Read more
Hello again, company directors and shareholders! It’s time to revisit the thrilling topic of dividend taxes. 😅 The rules are set to change for the 2024/25 tax year, so let’s make sure you’re up to speed. Dividend Allowance Takes Another Hit In the 2022/23 tax year, the tax-free Dividend Allowance was reduced to £1,000. Well, … Read more
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