The new tax year started on 6 April 2019. There are some changes that are set to take effect for the 2019/2020 year. Every year, there are modifications to the tax threshold, rates, and allowances. These are the main factors that will affect individuals and businesses: Higher Tax-free Personal Allowance Personal allowance, which is the amount you
The deductible expenses may be a nightmare for small and medium-sized businesses. However, they are those expenses that, because of their purpose, are useful, necessary and pertinent to achieve the business goals and generate profits. While an exhaustive inclusion of your expenses in the deductibles can reduce what you pay as tax, for any expense
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