From April 2017: The personal allowance will rise by £500 to £11,500. The basic and higher rate thresholds will increase to £33,500 and £45,000 respectively. Road tax rates for cars registered before April 2017 to rise by up to £5 whilst vans and pre-2001 cars’ owners pay £5 extra. The VAT registration threshold will increase … Continue reading
Paying subs and deducting them as expenses because membership is work-related? If the organisation is not on the HMRC Approved List, your subs may not be tax-deductible.