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New VAT penalties for late payment and filing

New VAT penalties for periods starting on or after 1 January 2023. HMRC have introduced new penalties for the late filing and payment of VAT for 2023. Previously, if you missed filing you would pay a percentage of…

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When do you need to register for VAT?

When do you need to register for VAT? You need to register your business for VAT if your total VATable turnover goes over £85,000 in any rolling twelve month period, or you expect your turnover to exceed £85,000…

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What is quiet quitting and why is it bad for your business?

You may have increasingly heard the term in the last few month, but what is ‘quiet quitting’? It is essentially a continuation of the ‘working to rule’ principle, where employees do exactly what they are employed to do…

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