It is reported that we are seeing Highest UK Taxes since 1950’s with a staggering 7% increase. In the 1950s taxes accounted for just under a third of GDP at 27.5% which was £5.8bn, since then tax revenue rose to £627.9bn in 2018-19. This is forecast to rise in 2019-20 to £757bn, equivalent to a … Read more Highest UK taxes since 1950’s
At AJR & Co Ltd we offer a variety of accountancy services: As members of the Institute of Chartered Accountants in England and Wales, we prepare Statutory Accounts for your business with legal and relevant guidelines complying with the deadlines imposed by HM Revenue & Customs and The Registrar of Companies, where relevant. We work … Read more Accountancy Services
If your business operates CIS as a contractor or sub-contractor then you need to know about the VAT reverse charge that will come into force 1st October 2019. The key aspects of the reverse charge are: It will apply to standard and reduced-rated supplies of specified building and construction services made to VAT registered businesses, … Read more VAT Reverse Charge on Construction Services
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