The VAT flat rate scheme
In the Autumn Statement on 23 November 2016 a surprise announcement was made about the VAT flat r...
A summary of today's Autumn Statement
And the showstopper: main employee national insurance rate cut to 10% from 12%. To be introduced from 6th January 2024 rather than next tax year.
National Living Wage to increase to £11.44 from 1 April 2024 - an almost 10% increase from the currrent £10.42. It will also apply to over 21s and not just over 23s as it currently does.
Full expensing for company investment is now to become permanent, as widely predicted before today's announcement.
Coral Accountancy Ltd is covered by professional indemnity insurance from QBE UK Limited of Plantation Place, 30 Fenchurch Street, London, EC3M 3BD. The territorial coverage is worldwide excluding professional business carried out from an office in the United States of America or Canada and excludes any action for a claim brought in any court in the United States of America or Canada.
© Coral Accountancy Ltd 2023 | Registered number: 08070318 | Registered address: 20 - 22 Wenlock Road, London, N1 7GU
