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Phone: 01242 260066 | Email accountants@mitchells.org
After many years of having been frozen, the government will increase the VAT registration threshold from £85,000 to £90,000 and the deregistration threshold from £83,000 to £88,000 from 1 April 2024. The government has stated that these new thresholds will be frozen but has not stated for how long.
A number of changes are made to the Stamp Duty Land Tax (SDLT) regime. These include the following:
The government has announced a package of measures that supports its ambition to simplify and modernise the tax system, which includes the following:
11 Jul 2025
The UK economy shrank in May, according to latest figures from the Office for National Statistics (ONS).
10 Jul 2025
Personal guarantees risk holding back the growth the economy needs, the Federation of Small Businesses (FSB) has warned.