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Budget 2024: VAT registration threshold increased

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA Threshold to see a £5,000 increase from 1 April Secondary legislation will amend the VAT Act 1994 to increase the VAT registration and...

Budget 2024: Non-dom status to be abolished

We are sharing this update from ACCA, our professional body, for the interest of clients and contacts. The content is (c) ACCA New residency-based system to be introduced from April 2025 The government will abolish the remittance basis of taxation for non-UK domiciled...