by Avencia | Feb 24, 2017 | News
New rules for limited cost businesses HMRC are introducing new legislation to take effect from 1 April 2017, combating abuse of the flat rate VAT scheme. Current situation Businesses who are VAT registered can join the flat rate scheme if their turnover is below...
by Avencia | Feb 24, 2017 | News
(Currently dropped due to general election – expected to be revisited) From 6 April 2017 there will be two separate £1,000 exemptions for individuals with trading and property income (that is not derived from a partnership). The objective of these changes is to...