This blog focuses on the business related taxes main points of Chancellor’s Jeremy Hunt first Budget to Parliament, or Spring Budget, presented on15 March 2023. BUSINESS TAXES National Insurance Contributions (NIC) for the self-employed in 2023/24 Self-employed...
If you’re a VAT-registered business, you need to be aware of the upcoming changes to VAT late payment penalties. Starting next year, HMRC will bring in a new penalty and interest regime for late filing and late payment of VAT. It represents a dramatic change in the...