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If you are a business owner in the UK, you might be familiar with the concept of Value Added Tax (VAT). VAT is a tax on the value added to goods and services, as a business owner, you are required to register for VAT if your taxable turnover exceeds a certain threshold. While […]
You may feel as if terms like ‘inflation’, ‘recession’ and ‘interest rates’ have been saturated in the UK media. This is due to the fluctuating state of the UK economy due to various factors such as recovery from the COVID-19 pandemic, the Russia-Ukraine war and other international affairs. However, what do these terms mean? Our […]
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