March 7th, 2021
Traders must register for VAT (Value Added Tax) with HMRC, if their VAT taxable income is greater than £85,000.
August 19th, 2017
As the chancellor announced in March 2017, as of 1 August 2017…
June 30th, 2017
A business has the choice of whether to charge VAT on the sale
February 16th, 2016
The VAT Flat-Rate Scheme (VAT FRS) is available to small businesses or sole traders and is designed to simplify VAT accounting, not to reduce VAT bills. An in-hindsight VAT FRS request in the business world has become a VAT-saving technique for many small business