VAT on work in pharmacies

VAT on work in pharmacies

From 1 May 2023 medical services can be VAT exempt if they are performed by a person who is not a registered health professional but who is directly supervised by a pharmacist.

Allowances frozen and cut

Allowances frozen and cut

It is easy to forget the hidden tax rises which are created by frozen and cut allowances, so here is a quick reminder.

New VAT late-filing penalties

New VAT late-filing penalties

All VAT returns must now be submitted digitally using MTD compatible software (unless the business has an exemption) so the VAT penalties have been revised to fit with this new regime.

VAT changes

VAT changes

The VAT registration threshold has already been frozen at £85,000 since April 2017 and it will now be fixed at that level until April 2026.