A selection of business news and articles to help make your business a success
What is Self Assessment? Self Assessment is a way in which HMRC assess all of your income. Self Assessment, or Tax return as it is referred to, simply lists all the income which an individual has received in the tax year. A tax year runs from 6th April to 5th April. A...
What is VAT? Value added tax, or VAT as it is known, is a tax payable on goods or services which a VAT registered business provides. The standard VAT rate is currently 20%. You must register for VAT if you have sales of over £82,000. VAT flat rate scheme The VAT flat...
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