We keep you updated
We provide our clients with regular updates on changes in taxation regulation, news from the world of accounting and, of course, information about the latest developments at Bodnant Associates Limited.
2023 Limits
A short look at 2023 Budget
- The Personal Allowance is £12,570 from April 2023/24
Other limits
From April 2023
VAT registration limit is £85,000
De registration limit is £83,000
Minimum wage increases April 2023
- £10.42 for National Living Wage
- £10.18 for 21-22 years old
- £7.49 for 18-20 years old
- £5.28 for under 18
National Insurance threshold is £12,570.
Standard UK VAT Rate from 2010 to 2011
- 01/01/2010 to 03/01/2011 – 17.5 %
Standard UK VAT Rate from 2011 to Present
- 04/01/2011 to Present – 20 %