What tax code should I use for the ICO fee?

The amount you pay to ICO for your data protection fee depends on the size of your business. They also take into consideration your turnover and business structure. This can be any amount from £40 to £2,900. Is the fee subject to VAT? The ICO website states: “No. Statutory fees are outside the scope of VAT, so no VAT is … Read More

What I need to know about plastic tax

If you’re a business who manufactures plastic packaging or you import plastic packaging then you need to be aware of the plastic packaging tax which is coming into place from 1st April 2022. The government has introduced this tax in their efforts to help the environment. However, biodegradable and compostable plastic will still be subject to the tax. The tax … Read More