- CIOT commented on business tax announcements in Budget
- VAT threshold to increase from £85,000 to £90,000 on April 1, 2024
- Ellen Milner stated that the increase will simplify things for small businesses
- CIOT wants HMRC to consider ways to encourage businesses nearing VAT threshold to continue growing
Source: tax.org.uk
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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