VAT

As announced in March 2015, the VAT registration threshold increased by £1,000 to £82,000, and the deregistration threshold increased from £79,000 to £80,000 as from 1 April 2015.

Pre-announced changes to prompt payment discounts also came into force from 1 April 2015. From this date business can no longer automatically charge VAT to customers on the value of their sale less any prompt payment discount.

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Nov 20

No events today
I had recently finished my VT year and had started ­working as an associate at a practice just outside Aberdeen. I asked several other dentists in the area and the only name people spoke was Dodd & Co. I have been with them for two years now and their ­service has been impeccable. So far everyone I have dealt with has been friendly, knowledgeable and helpful. They have answered every one of my questions promptly (no matter how stupid they may have been) and have given me great advice regarding many aspects of our taxation system. I have had and will have no qualms in recommending them to anyone else in our profession.
-- Stuart Crook