Do I need to be VAT registered?

Some businesses choose to register for VAT voluntarily and there can be sound commercial or financial reasons for doing this.  Others prefer to wait until their turnover reaches the HMRC registration threshold. Business owners, whether sole traders, partners or company directors,...

The difference between tax evasion and tax avoidance

Much has been written and discussed about the morality of trying to reduce the amount of tax arising from people’s income and assets.  The law and tax professionals have long been clear on the difference between tax evasion and tax avoidance: tax evasion is a crime and is when...

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