The taxable turnover threshold that determines whether businesses should be registered for VAT is currently £85,000. The taxable turnover threshold that determines whether businesses can apply for
Transferring a VAT registration Read More »
Cloud accounting has become the new norm, transforming manual record-keeping into a digital, streamlined process. At Green and Peter chartered accountants, we proudly advocate for Xero as our preferred cloud accounting platform. As dedicated Xero accountants, we are committed to assisting those who use or consider using Xero to manage their business finances. To address
Mastering Xero: Your ultimate guide for a smooth and successful experience with Xero Read More »
A public consultation process has been launched to look at how to conduct financial risk checks for problem gambling and at what level stake limits should be set for people playing online slot
Gambling white paper reforms Read More »
Amazon has offered to change the way it treats third-party sellers using its Marketplace platform in the UK, by submitting proposed commitments to the Competition and Markets Authority (CMA) in
Amazon offers to change Marketplace rules Read More »
HMRC has continued to tackle the UK’s most notorious hotspots for the sale and supply of illicit tobacco as part of its overall remit to tackle tax fraud. This has resulted in the seizure of more than
New crackdown on illicit tobacco Read More »
In most cases, there is no Capital Gains Tax (CGT) to be paid on the transfer of assets to a spouse or civil partner. There is, however, still a disposal that has taken place for CGT purposes,
When you don’t have to pay Capital Gains Tax Read More »
The Construction Industry Scheme (CIS) is a set of special tax and National Insurance rules for those working in the construction industry. Businesses in the construction industry are known as
The Construction Industry Scheme Read More »
Legislation Day (L-Day), 18 July 2023, was the date when the government published the draft legislation for Finance Bill 2023-24. This Finance Bill will be colloquially referred to as Finance Bill
Draft legislation published for Finance Bill 2023-24 Read More »
The State Pension forecast provides an estimate of how much State Pension an individual can expect to receive when they reach State Pension age. The estimate is based on the applicant’s National
Check your State Pension forecast Read More »
The letters in an employee’s tax code signify their entitlement (or not) to the annual tax free personal allowance. The tax codes are updated annually and help employer’s work out how much tax to
Emergency tax codes Read More »