All limited companies in the UK need to pay corporation tax on their profits. The rate for this tax was increased to 25% in April 2023. Now, as a business owner in Reading, if you are wondering how you can minimise it or whether there are methods to do so, this discussion can help. But … Continue reading Reduce Your Corporation’s Tax Bill by Following These Steps
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Value Added Tax (VAT), in layman’s terms, can be defined as a tax that is levied on the consumption of various goods and services. Generally, any business would charge VAT on its customers based on the sales that they have generated. It will then remit the VAT that it has collected, to the National Tax … Continue reading What is Going to be the Likely Impact on VAT after Brexit?
