Is IPT a tax I can claim?
Tax NewsIPT is an abbreviation for Insurance Premium Tax and is charged by insurers in addition to your insurance policy. The rate charged can be 12% or 20% depending on the type of insurance you are buying.
IPT is an abbreviation for Insurance Premium Tax and is charged by insurers in addition to your insurance policy. The rate charged can be 12% or 20% depending on the type of insurance you are buying.
If you are in business you need to keep a record of your income and expenditure and whilst you know what you are selling, receipts or invoices from the businesses you buy from are evidence of what you have bought.
Are you burying your head in the sand? If your business deferred paying VAT between March and June 2020 and have not yet
Many business owners will not realise they have a choice of VAT scheme to use for recording and reporting VAT to HMRC. Before you register initially
Some accountants now offer bookkeeping services alongside accountancy and other compliance services. A one stop shop for all your accounts needs. But is this the best solution for your business?