by AJN Accountants | Oct 17, 2017 | Freelancers, Small Businesses, VAT
Value Added Tax, VAT for short, is levied on the sale of nearly all goods and services by businesses. VAT for goods and services is charged at differing levels. The standard VAT rate of 20% is charged on most goods and services. In principle working out how much VAT...
by AJN Accountants | Feb 17, 2017 | Contractors, Tax planning
From April 2017, there will be a significant change to the way in which Personal Service Companies (PSC’s) in the public sector are taxed. Currently, there are over 250,000 PSC’s in Britain, many operating in sectors such as healthcare and IT. Because...