on
26-03-2025
4:31 PM
- last edited on
26-03-2025
4:38 PM
by
kh-mfaiz
26-03-2025 4:35 PM
No thresholds have actually been raised *yet*. The govt has said they will be raised sometime within this govt. (i.e. before 2029)
26-03-2025 4:36 PM
... and it's not profit, it's turnover.
26-03-2025 4:44 PM
Not yet, and you will still have to pay tax, just not through the current self assessment return.