SNP Plus News

Know about VAT

Value-Added Tax (VAT) is a tax on consumer spending. It is collected by VAT-registered businesses on their supplies of goods and services for consideration from their customers. Generally, each such…

Continue Reading Know about VAT
Know about Income Tax
Hi

Know about Income Tax

Income could be non-savings i.e. salary, trading profit, rental income etc, or savings i.e. interest income from bank and financial institutions or dividend i.e. dividend from UK or foreign companies.…

Continue Reading Know about Income Tax

Know about Corporation Tax

Corporation tax is a tax on the taxable profit of a limited company. Taxable profit is different from accounting profit. For small companies, the corporation tax rate is 20% on…

Continue Reading Know about Corporation Tax