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Changes to VAT Thresholds

The VAT registration threshold rose from £85,000 to £90,000 from 1 April 2024. The deregistration threshold increased from £83,000 to £88,000 from the same date. The changes to VAT thresholds change the trigger points for compulsory registration and optional deregistration.…

Spring Budget 2024

Chancellor Jeremy Hunt has unveiled the government’s tax and spending plans, and forecasts for the economy in his Spring Budget ahead of this year’s General Election.  Unveiled was a plan to reduce debt, cut taxes and reward work aimed at…