VAT thresholds – and other changes

Increases could delay VAT registration for 4,000 small business. From 1 April 2017 the VAT registration threshold will increase from £83,000 to £85,000 and the deregistration threshold from £81,000 to £83,000, in line with inflation. Also, the registration and...

Class IV NI rises scrapped

Yesterday it was announced by the Prime Minister the Class 4 NI increases for Self Employed (sole traders and partners, not company directors) announced in last weeks budget are not going ahead. They were originally proposed at 1% from April 18 and 1% from April 19....

Autumn Statement 2016

Our latest technical briefing, including a look at important content in the Autumn Statement, is now up at: Autumn Statement 2016 Key things that may interest our clients are: Flat Rate VAT scheme restriction – eliminates it for most PSCs Confirmation of the new...