Month: March 2023

  Starting a business is exciting, but it also comes with many challenges, that can be made even harder if you don’t have the right business plan in place, especially in an unfavourable economic situation. Approximately 20% of start-ups don’t see their first anniversary, with 60% failing within three years of business. That’s why receiving … Read more

On 4th January 2023, HMRC published guidance on a new penalty regime for late submission and payment of VAT returns, which has brought VAT penalties closer in line with those currently in place for direct tax returns.  The new penalty charges apply to all VAT accounting periods starting on or after 1st January, and unlike … Read more