A new change to penalties for VAT returns submitted late and VAT paid late has come into effect from 1st January for VAT accounting periods starting on or after 1 January, 2023 As well as this, HMRC has confirmed that … Continue reading →

CAPO Digital Accounting looks at ways of reducing income tax on business income by spreading it amongst the family and others. It is a common problem that the UK taxes families where there is only a single earner more heavily than … Continue reading →