Small Business VAT Registration Threshold Explained
Everything you need to know about the VAT registration threshold after April 2024.
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Everything you need to know about the VAT registration threshold after April 2024.
Ensure compliance and avoid penalties by checking that a UK or EU VAT registration number is valid.
A VAT number or VAT registration number is a unique identifier for reporting and remitting value-added tax for UK and EU businesses.
By the Construction Industry Scheme (CIS), contractors deduct 20% from registered and 30% from unregistered subcontractors as advance tax payments.
After the personal allowance, income tax rates for the 2024/25 tax year are 20% (up to £50,270), 40% (£50,271 to £125,140), and 45% (above £125,140).
The meaning behind national insurance category letters, including the latest changes and how to determine the correct NI category for your contributions.
The UK dividend tax rate for the 2024/25 tax year is 8.75% basic rate and 39.35% additional rate. See how to maximise your tax-efficiency as a director.
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