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.
A short look at 2022 Budget for Small Businesses
- The Personal Allowance has increased to £12,570 from April 2022/23
From April 2022
VAT registration limit is £85,000
De registration limit is £83,000
Minimum wage increases April 2022
- £9.50 for National Living Wage
- £9.18 for 21-22 years old
- £6.83 for 18-20 years old
- £4.81 for under 18
National Insurance Tax increase by 1.25%
National Insurance threshold increased to £12,570.
Standard UK VAT Rate from 1979 to 1991